@Desiree BoardWhen deciding between investing locally or out of state, and whether to self-manage or hire a property manager, consider your goals, comfort level, and resources.

fixer, or closer to rent ready? 

As opposed to someone that works a year or less at each job or even moves state to state often. 

Can anyone verify this is OK or is it state by state-regulated based on their individual jurisdiction?  

If you pay more, you won't meet your metrics and will probably have negative cashflow and/or equity.You may have to make 10, 20 or even 100 offers to get one accepted at the price that meets your numbers.This is what all investors did BEFORE the Great Real Estate Crash of 2008-2010.

Either the post is too anti-Trump, or too Pro-Trump. 

Are you looking for multifamily or single family home?

Single ADU on duplex or triplex is allowed for non-commercial f/f. 

On the REIT side - When these investments go underwater, often the sponsor company will freeze or drastically reduce redemptions.

A turnkey operator finds or builds a property.