Chris can you share how have those couples been able to achieve the 750hr requirement?

Just focusing on the passive income you want to achieve will leave you chasing cash flow which will have you buying properties in worse areas with harder tenancies that seem to cash flow better, but will have large cap ex.Any time someone asks a question about where to invest and it can be anywhere, they aren't ready to invest and are opening themselves up to every pitch in the world on an area.

McKinney and Princeton have been growing a lot and it is a good place to invest, but it is always related to what you are looking to achieve in a rental investment, appreciation or cash flow.At this time that area does not offer a big cash flow and due to the amount of development going on there, rental demand has declined a bit.In any case you have to make an analysis case by case.

I'm going off the understanding that you still need to spend 500+ hours in the business to achieve material participation (please correct me if I'm wrong). 

-Your current STR seems seasonal, so even without a mortgage, you may not achieve year-round cash flow.

At this stage, the main thing we need is for me to get back into the workforce and get some money coming in, in order to achieve that dream.With that in mind, my immediate goal is to gain employment in the field of property management, as opposed to wasting my time working in another field that is not associated with real estate.

Hopefully, this is a useful example of what’s achievable with out-of-state investing, even with no local connections. 

This is the time I use muscle over legal.

This project taught us the importance of being flexible and willing to invest more when necessary to achieve the best possible outcome.

This project taught us the importance of being flexible and willing to invest more when necessary to achieve the best possible outcome.