I wouldn’t recommend jumping on the first opportunity you see right a way.

From there you can run your ow pro-forma, compare to similar properties, see where there's opportunity to decrease expenses to up the NOI, whatever. 

Dorce I have a client who flips rehab opportunities in Wilton Manors.

As a young profession in a HOT market, I am looking for house hacking opportunities, and investing out of state.Seeking: REI opportunities out of state (NV, AZ, midwest, sh*t literally anywhere but CA). 

These are tough and somewhat scary decisions, and right now I’m taking my time and reading and looking for the right opportunity.  

I was just given an opportunity to help seller find a buyer.

Every other market (Detroit, Indianapolis, etc) not only is remote from you, but has different dynamics on rentals (is the greatest opportunity a SFR, or duplex, or 3-/4-family?).

That could be a great way to find and stay engaged with local investors, realtors and opportunities. http://www.biggerpockets.com/alertsYou can also search for other investors or brokers in your target markets and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersBest of luck to you and look forward to following your journey!

I think there are some attractive opportunities in your area; there is hard money available, but since I'm looking for buy and hold properties, I think this option (1 year loan term) it way too risky for me.

There is lost opportunity cost, not only in your time but also time owning a property.