@Jan Ferry-AxmanSelf-management of IRA owned properties (LLC or otherwise) is generally viewed to be acceptable in a limited fashion. 

Here, you can communicate your message and you can search and respond to posts from residents who need your services.Local ContactsVirtual channels are great, but don’t get so caught up in social media that you forget to make contact the old fashioned way—by knocking on doors.

You may find a way to get the property under contract in a creative fashion while you work out your financing.

I've worked in a Jewelry business many years ago and my boss once told me, "Never trust anyone".

There are many more, but the big take home is to calculate your own pro-forma income and expenses based on good ole fashioned due diligence.Here's a deal calculator I created/use, for your reference.

Just like inheriting a property with bad plumbing, taking on an LLC in this fashion can POTENTIALLY cause lots of problems.

Investors are old fashioned, lazy not very smart or tech savvy, can't see the bigger picture have no patience, refuse to leave their old ways behind nd invest time and effort (and brain power) into new ways, they don't "get with it", they don't get with the times, they don't educate themselves, they think they know better.Here is my investor journey in a nutshell.I came to BP, most people gave me cra advice, I didn't agree, but I tried anyways, failed, I said, screw this, I am doing this Y way.

If you think you'll enjoy WORKING in real estate as a LANDLORD, then you should try it in whatever limited fashion you can (remotely in your case at first). 

You could also look int programs like the good old fashioned Dave Ramsey Plan or talk with the folks at the CCCS (Consumer Credit Counseling Services) https://credit.org/cccs/.

We got the house we wanted in the town we wanted, made some very minor upgrades and benefited from good ol' fashion California appreciation.Also if wanting to reduce your risk and exposure on your first BRRRR you could partner with a friend/family member.Lastly there are some more affordable parts of California or for your perhaps AZ that while long distance may be close enough for at least a few drives to the area to meet face to face with folks and get a feel for the market.