If so what was the experience like.Any other suggestions would be greatly appreciated.

Happy to share some out of state investing experiences.

Hindsight and a few decades of experience has taught me that with a good lawyer I would have been in the clear completely.

I have an accounting degree, 5 years of experience as a property accountant in the commercial space, and 10 years of managing the books for my own rentals.

Like any tool, you have to know how to use it correctly or you could get, "injured".We use it to quickly sift through multiple options - and that's about it.BP has a Rental Calculator that includeds everything you are asking about: mortgage P&I, property taqxes, home insurance and percentage for maintenance & vacancy.It also includes Cap-Ex percentage, but in our experience it's a waste of time to worry about this.

It also gave me the chance to experiment with short-term rentals before transitioning to a long-term hold, reinforcing my strategy for growing a real estate portfolio.

On larger deals, I've actually seen LTVs come down in the 50%-65% range, depending on the type of property/experience of the developer.

I have experience with this in Ohio, but usually much larger parcels of land to split.

I would anticipate it would depend on the level of detail you desired but it has been my experience that the will do free estimates.

Look for investors who have capital but lack time or experience—networking on BiggerPockets, LinkedIn, REIAs, and local investor events is key.