So far the biggest challenges for out of state investments has been finding reliable contractors or help to complete projects on time and under budget.

and the property had a private dwelling value appraisal much higher than the public property appraiser claims. 

The biggest hazard is generally the insulation falling off and overheating and setting something on fire, or arcing because of insulation gone and having the same issue.

@Geoff Engel If you don't want to be a landlord but still want to be involved with investing you could be a private money lender for flips or in partnerships and bring the money to the deal.

I’m also open to exploring short-term rentals, private lending, or passive investing in funds—anything that maximizes returns while keeping risk and time commitments manageable.For context, I’d consider leaving my job if this could become a full-time venture that surpasses my current compensation (low-mid six figures).

The biggest reason is to learn without using my own capital. 

I’m still refining my approach there, but having the right team in place is one of the biggest keys to scaling sustainably.Definitely looking forward to staying in touch and exchanging ideas as we both grow in this space.

Some lenders offer creative solutions, like a cross-collateralized loan, where they use your existing equity as security without refinancing the duplex.Another idea is partnering with private lenders or exploring a second-position mortgage, depending on your lender's terms.

For short-term gains, options like private lending, where your IRA acts as the lender, can provide consistent returns through interest payments.

Also, a few private lenders or hard money lenders might have some more creative terms for multifamily, especially if you're open to considering that route.