This can help prevent potential legal complications.Professional Advice: It's always wise to consult with a real estate lawyer, tax advisor, or accountant specializing in real estate.

Is it wise?

@James Wise I already know your answer but want to hear your unprofessional opinion so I feel better about my own thought process hahaThanks everyone 

If you're making a big move like this it would be wise to make sure you live as close as possible to where you plan to invest.Beyond that, simply being open to the idea that you may not enjoy living there and acting accordingly would be my best advice.

If it brings a higher price, then the money will go to the State's unclaimed funds to await possible claims by the unknowns at some future point.You were wise to invest in abandoned houses under the old system.

Agreed, but long term  wise, the better markets will bounce back higher & better. 7 years +, 10 years + ideally.

Developer/builders will continue to wisely throttle production and, will continue to "own" to net unit available market in market share presence now held at about 2X "norm" market share. 

My experience is that it might be wise to hold.

A wise investor will not try to get rich quickly with shortcuts.

If you find a good opportunity and purchase wisely, the rental income could cover a substantial portion of your mortgage.