In particular, I'd suggest asking those folks about what types of challenges they encountered, lessons they learned, and mistakes they made with OOS REI ...It's a lot easier, safer, quicker, and cheaper to learn from other peoples' mistakes than to make your own...Good luck out there!

Search the BP for ADU appraisals to encounter numerous examples.

While the FHA 203k does permit renovations, converting from a single-family residence back to a duplex might encounter some zoning and occupancy issues, especially with two properties sharing the same lot but having different addresses.

Hi BiggerPockets Community,Im reaching out to this knowledgeable and supportive group for some guidance on a situation I’m currently navigating as a remote real estate investor.I'm a remote investor who's recently encountered a challenging situation in Columbus, Ohio.

Local meet ups are an awesome way to network and pick investor's brains on how they got started and mistakes/hurdles they've encountered. 

However, I am concerned about potentially narrowing the pool of interested buyers or encountering unforeseen legal and zoning challenges.If anyone here has gone through a similar decision-making process or has expertise in real estate, particularly with waterfront properties, I would appreciate your insights.

Basically, things I may not be thinking of that you have encountered and view as must-have.

Not owning your rentals through an LLC exposes you to more risk, even if you have an insurance policy on rentals.However, as a new investor, you may encounter some challenges and opportunities leveraging the LLC.

@Ray Dipasupil They are called Home encounter. 

Here is one of multiple failure learning events that I had encountered.