I'm between miami and columbus for ground up development and new construction and licensed as a general contractor in ohio, licensed agent in both states. 

Cash Flow: Although not likely to cash flow, a 3% increase on $3K/month is better than 3% increase on $1K rental out of state.

So, after whatever is the time period for your state/county, you will need to go back to court with a form letting the court know and telling them their work and banking info. 

I've been on the Mortgage Shop website but it doesn't mention which states they lend in and all their references are to "east coast."

It's charged on the first day the law allows (in my state we can't charge late fees until the 5th day).

My question is, could I live in Virginia and wholesale virtually out of state legally without a license.

This will help give you the guidance, trust, and efficiency that out-of-state investing requires. 

I specialize in helping out of state investors buy properties here in Ohio.

Currently I am doing specs just outside of Charlotte and retail throughout the state.

If you consider out-of-state investing, I recommend reading “Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties” - I found it to be very helpful when I got started investing 2.5 years ago.