I personally wouldn’t sign a 850k mortgage after putting 100k down to make 7k if I have no problems.

It's not your land and the person who put the restriction is dead. 

Consider various sources such as personal savings, investments, or partnerships.4.

There is a SFH my relative is selling at auction due to personal life circumstances.

To make it feasible, research Oklahoma City and Atlanta markets, partner with locals, evaluate personal finances, start small, and educate yourself on real estate investing.Good luck!

I personally think out-of-state investing is a top choice.

I personally love Columbus in terms of doing value add.

Great to see a fellow KC Person here!

On a DSCR refinance, you can hold title in an LLC, however a person will need to be on the loan (not an entity). 

Your name would not go on anything, just need someone to review and advise on best course(s) of action.Also, not sure if there are nuances with California but experience with that state would be a plus as a noticed this: https://www.ftb.ca.gov/file/personal/reporting-like-kind-exc...Thx!