There are advantages and disadvantages to both strategies when deciding whether to invest in-state or out-of-state.In-State Investing:Knowledge: You probably know more about the rules, legislation, and local market in your own state of Houston, Texas.Network: It's possible that you already know contractors, real estate agents, and other people in your community.The Ease of Management: Especially when dealing with daily problems, managing properties in your neighbourhood may be more convenient.Out-of-State Investing:diversity: If your local market is competitive, investing in a different state may offer greater prospects and diversity.Affordability: As you pointed out, certain states could have more reasonably priced real estate, which might enhance cash flow.Market Dynamics: There are markets with varying development potential and economic trends that you may access.Taking Out-of-State Investing Into Account:Investigate the target market in-depth, paying particular attention to employment growth, economic data, and local real estate market patterns.Establishing Networks: Establish a local network of contractors, property managers, and real estate experts.

I typically am on site multiple times a week and sometimes daily when I am doing a significant value add.It is not clear to me why Miami is not a viable market for you to BRRRR (or at least to do a value add). 

As a real estate agent and an investor, I am on the market daily and explore opportunities for myself and my clients.

Investors might require a business banking account with high transaction limits to facilitate buying, selling, and managing properties without running into daily or monthly caps.2.

With average daily temperatures around 80°F and nighttime lows of approximately 55°F, the desert climate follows its characteristic pattern of warm days and cool evenings.

Depending on your time you can either rent daily, weekly, monthly, or 6-12 months. 

Even trying to do the BRRRR is hard and takes a lot more work to find the right deal. unless i do the work myself which i am willing to.I am young and quite new to the REI space but for the last several years i have consumed RE knowledge daily thru a couple trusted sources. i understand what im trying to do is definitely no easy task but with immigrant parents i was raised to work hard so i will adapt to whatever is necessary.

Once you do, network and connect with others to start building your core 4, as mentioned above.As you do that, you should analyze deals with your agent/deal finder daily and run the numbers.

Avg daily traffic ~20k vehicles.I'm not in a position to build anything (no build experience, little cash on hand, slim chance of large loan approval), but could look into selling it later.

Due to my job, I have very little time to actively manage and am requiring everything from furnishing, renovating, and handling the daily responsibilities of managing a short term rental.