It’s a 3 bedroom home, brand new build and just shy of 1500 sq ft.

To invest out of state successfully, focus on building a strong local team (agent, PM, contractors), automating deal analysis, and using contingencies to protect yourself.

My husband is a licensed general contractor with experience in building semi-custom homes, finish carpentry, kitchen & bath design, cabinet installation, and much more.

I use Buildium and I'm building out a database in Airtable. 

Anything that involves a load bearing wall will generally need an architect IME, but it can also be required (maybe indirectly) through the jurisdiction's building code/enforcement.Got it, thank you for lending your expertise!

I live in the city and have a freakish map of it in my head that my wife is still shocked by when she gives me an address ("2100 block of _______Ave.?"

Find your local REIA and start attending and find the Realtors there to build friendships with. 

Strategy Selection – With your interest in STRs, multifamily, and fix & flips, consider focusing on one strategy first to build expertise before branching out.

@Keetaek Hong I have a lot of clients who are facing the same challenges but they understand the long game and that it's imperative to build a portfolio, With that lowered interest rate I mentioned you are looking at 30% down and including PM fees will typically have you around break even or barely positively cash flowing.

County has assessed for 200k but would be worth more due to the area they are building homes left and right on that road and they are selling 300k+ and up.