@Anthony Phillips hopefully you already got your answer, but "SFH purchase" is Single Family House (SFH) a residential home vs. mobile homes, condos, townhomes, land, etc. 

Just as if the first time you tried eating a steak, it was one that someone burned to a crisp, you're going to think all steak isn't worth eating.

Unless you're eating the walls, chewing on the windowsills, or burning the house down, you should be okay.Buying out of state has its own challenges -- you need to have a good team in place in the other state to help you with:- Locating properties - what areas are good and what areas are bad?

The people who weren't paying attention to their deals are getting burned now; I've seen some deals even among REIA members where the numbers didn't work at all and/or had unrealistic rehab estimations (I saw one listed as needing $1K of repair work, and there was only a $15K spread on a $110K house to begin with!).

My lungs are starting to burn and my sinuses are not tolerating the continual odor.

He said they saw the burned hive and no bees, so did some cleaning.

I figure it's the cost of doing business since if my 50k-150k house burns down with no coverage on it, I could effectively be out of business.  

As a mobile home park operator, we've had many investors come to us with failed 1031 exchanges to take advantage of the high bonus depreciation that is present.

I've heard of many out of area investors really getting burned by these and also getting sold turds in the hood from unscrupulous turnkey companies that look good on paper but in reality are much different.

@Andy Wayne you might want to look into vacation rentals( you'd have to build cabins or other structures on the land), mobile home land rental (I have no idea the official name for this), campsite /RV parking if you decide not to sale.