These will be more expensive projects, but the house would be greatly updated and more appealing.2.

I work with a lot of househackers and they're typically on the 12 month cycle, rinse and repeat.While the proposition of acquiring an investment property outside of your market in a "landlord friendly" state may sound appealing, i would recommend you stay local for now and househack another couple of properties over the next few years until you've got some more time / experience under your belt.you would need a management company to cover your property that is outside of your market which would not only take 8-10% of your gross it would also leave you a bit vulnerable to a property management company that you A.)know nothing about and B.)you won't have the experience or cashflow or proximity to deal with any headaches that may arise.i would recommend staying local and househacking your way along for now and then maybe hire a local property management company initially to work with your current/local properties to get a taste of what to expect if and when you begin investing outside of your market.

Curb appeal is also very important.

I contemplated appealing it, but I figured I would go after the PM instead, which I plan to do.

@Veronique Leroy No, I don't have any...but I'm having a hard time visualizing the type of property that will achieve those returns.

Structuring a joint venture (JV) or equity partnership can make the deal appealing by offering a share of cash flow and appreciation. 

Thanks for the share @Neil NarayanAnd good point on considering other metrics like home value growth, price drops, etc @Ryan KellyFor anyone interested, here are some visualizations on these zipcodes

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

The bars and coffee shops is a good visual indication to show where the young professionals and college graduates are flocking too which usually equates to a higher price tag area on the rise.

Is the description detailed and appealing?