I would recommend starting in your backyard and hone your skills if its possible, I know some markets have an extreme HCOL which may make it unfavorable in your case.

If you are new and don't have a clue, then I would certainly recommend them or some company that can guide you through things until you have an understanding. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Investing in Wisconsin and Illinois is a great move—both states offer solid opportunities for multifamily and single-family rentals.If you’re looking to connect with like-minded investors or agents, I’d recommend joining local real estate meetups or REIA groups in the areas you’re targeting.

If you spend the entire $300k restoring the property, then here is the end result:- deductible casualty loss of $50k- no current tax- the restored property has $0 basis and cannot be depreciated- when it is later sold, the entire sale price is taxableMechanics and reporting are tricky, and I would not recommend to DIY it, especially since my scenario is over-simplified, and your real scenario is likely to involve more gotchas.Thanks so much. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

If house hacking isn't the best option for me, how would you recommend starting out to build up some investments.

I wouldn't recommend Quit Claiming it during that time but otherwise that should be the only thing. 

I'd love to hear what other people are doing and recommend; tips and tricks for guarding a vacant property. 

My recommendation is get a self directed IRA and have the real estate be owned by your IRAYeah,  I have heard a lot about the self directed IRA.