Pat, you can, but just know that a buyer will come in with an inspector, and the inspector will note the outstanding permit, and any issues that arise, and they will negotiate after the inspection based on that.

In no particular order I have listed some of the most popular markets for out of state investorsCincinnati, OhioDayton, OhioToledo, OhioYoungstown, OhioCincinnati, OhioMemphis, TennesseeSaint Louis, MissouriIndianapolis, IndianaDetroit, MichiganErie, PennsylvaniaLouisville, KentuckyMilwaukee, WisconsinJackson, MississippiEach of these markets is popular with turnkey investors because of the low barrier to entry, high rental demand & high rent to price ratio.

I think your time frame depends on a lot of different things such as your experience managing a project, your contractors work ethic, materials availability, and your ability to anticipate issues that may arise.

As real estate investing becomes more and more popular (Thanks Biggerpockets), one phrase sticks out in my mind:  In a gold rush, you want to be the one selling the shovel. 

So guys here is my major concern and please excuse my ignorance if it comes across that way but most of the subjects I have been educating myself on where to buy hold and rent I didn't expect for this opportunity to arise but it looks like a good one and its happening fairly quick. 

This is becoming more and popular these days and there are several sites pooping up to list your excess or co working space on like AirBnB, liquidspace etc.

stickie outie house numbers are very popular on rehabs and new construction around hereI would add some faux shutterspaint doors for suremaybe paint siding and/or trim as well

This is a great way to start because not only are you living very cheaply or for free in some cases, it is also giving you the knowledge and skills on how to be a landlord and deal with issues as they arise.

Once licensed here, I hope to become popular with the "military crowd" surrounding the area and help transitioning families buy/sell homes to establish some capital.

In no particular order I have listed some of the most popular markets for out of state investorsCincinnati, OhioDayton, OhioToledo, OhioYoungstown, OhioCincinnati, OhioMemphis, TennesseeSaint Louis, MissouriIndianapolis, IndianaDetroit, MichiganErie, PennsylvaniaLouisville, KentuckyMilwaukee, WisconsinJackson, MississippiEach of these markets is popular with turnkey investors because of the low barrier to entry, high rental demand & high rent to price ratio.