I am a resident of Virginia and purchased a rental property in West Virginia during 2024. 

Everything comes with a risk but I want to hear everyone's opinions for both states in the long run, thanks in advance It really depends on your style and goals and type of investing.I invest in multiple states and there can be some substantial differences.First decide if you want to do Flips, Long Term Rentals, Short Term Rentals, Shared Housing, Multi Family, Land, Tax Deeds, REITs, Syndication, Commercial and then decide. 

- Will they preview properties for you, taking narrated videos they send to you?

What value is expected or provided by an agent who specializes in multi-family residential, not commercial. 1-4 units.

With comps ranging from $875K-$1M and your estimated build cost at $550K, the after-completion value gives you a significant equity cushion, making this project highly attractive to lenders.If you plan to hold and rent the property, you could refinance into a DSCR loan after construction, which bases lending on rental income rather than personal income.

To whom this may concern, I am an investor looking to buy my second property.

Does anyone know how insurance companies evaluate these properties and whether or not real value can be realized for insurance for renovation? 

Property has been owned for about 3 years now.  

All these properties were bought sight unseen on their recommendations. 

Have your agent start to look for properties that will do the 1031 now.