You and I can just chat it out with a room full of hungry, question asking, real estate folk.....talk about how the underlying fundamentals of investment, capital, valuation, and flow/cycle of markets.

I’m going to use any means possible to screen tenants how I want while still being in “fundamental” compliance.

There are so many stories of people going from $100k in debt to millionaire status in this time frame simply by executing these fundamentals. 

I think one more point is really know your fundamentals and have a birds eye view of the larger picture.

This begs the question, is the average BP investor jumping into a SFH investment because that is what is available to them based on capital, and if so, that's totally fine IMO... or is there a population of investors that fundamentally prefer buying SFH in deteriorating economic markets for short term cash flow over the longer term, risk adjusted growth of a successful syndication? 

To answer your questions (using the preamble above as fundamentals): Do I dare buy my first experience out of state?

I would possibly consider becoming a dedicated educator, on all fundamental topics that come to your mind, simply because your family probably isn’t use to learning from you as much as you think.

Luckily, we got a property and built a great team not understanding the fundamentals.

There has to be something fundamentally wrong with them.

That being said, it doesn't do you any good if you don't try and apply what you've learned so far by taking daily, focused action.Study the basic to learn the fundamentals.