However, I do not have tons of liquid funds to invest in the property after I buy it.I have a friend/co-worker who would like to front the cash to renovate the house and help me physically renovate it (we are both good with tools).

Ordered the physical copy to take more detailed notes.

They're both great markets that are very popular amongst multifamily investors.Compare the pricing, cap rates and inventory in both states and then decide which is better for you.Either way just make sure you have a solid team in place if you won't physically be living there.

What SYSTEMS do I incorporate to continue doing it?

Do send them pictures and receipts, or do they send someone out to physically confirm your progress.

I also have a degree in accounting but have only worked in corporate accounting AND this is my first flip so I wasn't totally sure.

Hello all, as a new investor I want my first rental property to be local so I can learn the ropes and be physically available to oversee it.

But the physical removal of the tenant probably will not happen if it's just for non-payment.  

Residents of this segment are physically active and up on the latest technology.

Hi @Chris Rackley, it seems like a prudent move to have:This guidance as part of your House Rules - physically on siteThis guidance as part of your Digital Material that guests have even before arrivalA notice of "care needed" or "please be careful" on site around the railing.There might be some other needed from a legal standpoint, but some version of ^^ should serve to sufficiently cast an awareness for caution.