That being said, you might want to consider living in it for 2 years to qualify for hte sec121 exclusion, as limited as that timeframe might be.That all being said, its really tough to give you answer. 

Yes tenant laws are tough in NE states but if you have a strong team they’ll take care of it for you.

Sometimes tough for non-local to get loans I would expect....but worth a shot.   

Just seems like a niche that may be tough to get into.

The tough part with using a contractor is keeping them happy.

@Victor Steffen I'm looking for cashflow if possible but I understand that might be a tough task in the market today.  

Maybe if you've done 50 deals and they know you are safe, but as a newer investor there are no ways to do this in the real world.In the day before the GFC this is how all OOS turn key worked:WEst coast marketing companies would get buyers  ( these folks are still in business as we know)rehabber in the market  Pick any turn key market would find a home that they could buy rehab and sell at 65% ARV  which today pretty tough but in those days my company did close to 2000 of them as the A and D lender.So we would require ONLY 1k down from the borrower  ( so not no money down but pretty close)  I would fund the purchase and rehab the rehaber in the market  say Detroit Chicago Memphis Jackson KC Indy those were all my markets. would do the rehab and once it was done they would do a refinance now my LA based buyer was already pre approved for the take out ( REFI) Just subject to a 442.. we routinely spun these deals in 90 to 110 days start to finish.. the LA based buyer would then do a 75% cash out refi and pay me off  and they would normally pocket about 5 to 8k in cash that was to be used for reserves.. so no money down and actually cash out.My flipper made his money the west coast marketing guys got their commish and I made my fee's on the HML..  

Yes, it'd be tough to get them out since they have nowhere to go if your market is anything like mine. 

We have two lots we want to sale, and the two remaining lots we have priced at extreme prices, because they front or tough our homesite and we don't want neighbors, unless someone pays those crazy prices we set.The last two lots we want to sale, I plan to transplant more evergreen trees this fall and do more rock/boulder landscaping over the next two week. 

First off - 1099-MISC was changed to 1099-NEC for non-employee compensation(NEC).