That you are experimenting with different approaches and trying to get in touch with Denver-based investors is great.

My question is can I purchase a property as a house hack in a different state even if I never actually live in it?

So your profit is around $315K.If you sell for $700 net and buy for $600K then you would pay tax on the $100K difference. 

@Lucas Carl, Getting a vacation rental with 25% down and having a property manager is sustainable and allows you to compare apples to apples across different areas around the nation. 

Some people have different goals in mind when going into it.

Diversify Your Investments: Allocate a portion of your equity to different types of investments.

I have extensive experience in calling different lists such as:Absentee OwnerVacant LandsFSBO'sPre-ForeclosureEvictionProbate leadsI have experience in making outbound cold calls to homeowners and generating qualified leads.

there are a couple different lenders that our company is partnered with that can do them. they will not provide the full amount that could be taken out like a primary, but they are out there. 

Being an operator and being an investor are two different jobs, very interconnected but you are not required to be both in larger projects.

I intend to build a portfolio of different property types.