The city is very diverse and you can buy a property for 50k or 500k within less than a mile drive.There are also a lot of great networking groups you should check out.

The Jeep gets less than 1,000 miles a year on it and we keep it in inside storage all year, driving it when we go to Anchorage shopping etc. 

Delivery cost will be the same for 1 versus 2, about $120 within 30 miles. 

The comps used would sometimes be a few miles away in a bad area.

I could recommend a good PM near Augusta but not outside of that area by more that 50 miles or so.

@Elizabeth LeBlancI always recommend that if at all possible, new investors start local, not because there is anything intrinsically different about the real estate in other states, but because it's easier to build a team / network / go to REIAs / meet agents / talk to PMs / go visit properties in your own neighborhood than 2000 miles away.And, if what you're saying is "any random property listed on the MLS doesn't work as a rental when I run the numbers conservatively" - yep, that's the case in many, many markets right now due to low inventory, increasing interest rates, investors willing to accept lower yields, etc.  

You are looking to invest roughly 600 miles away from where you live. 

If your 10-mile radius is overpriced, go up to 30 miles.

There are, however, fees to pay the local government and the City recently enacted a law where landlords that are at least 25 miles away from the City must hire a property management company. 

I grew up in a small town about 20 miles from there.