Long distance landlording is a different type of investing.We've had long threads about "cash flow not being king..." 

So my current buy box for fix and flips:Location: Richmond, VAProperty Type: Single familyPurchase Price Range: 50k - 200k Est Net Profit: 10-20kRenovation Type: Cosmetic or alittle more.Holding Period: 6 months or less.I would love to have a call and get any advice on how to make it more flexible or robust when presenting to agents or referrals. 

Could readily be up to 40% in taxes depending on the circumstances.Assuming this project was gone into with the intention of flipping it (that is the wording you used at least), it is self-employment type income subject to ordinary income tax rates and self employment tax. 

Hi,I'm looking to invest in real estate out of state, what type of investment would be best for someone looking to build a real estate portfolio overtime, out of state?

What made you interested in investing in this type of deal?

I tend to agree with Peyton that it is really good to have an idea on the type of financing you are wanting to do (Hard Money, House hack, Conventional, etc.) and get an idea on the folks to deal with.

If so, it might be very hard to do any type of cash out refinance for a while. 

I think the reason why people view it as a loophole is that it is taking the material participation test and applying it to a more "passive" type of business. 100% you are correct, nothing shady or ill-intended going on here 

It looks like you're on target with the bullet points you provided here.I do this type of deal all the time, feel free to connect with me to discuss more (preferably tag me back in a reply here so I can provide value to everyone with public replies).You can catch up the arrears, make monthly payments, and either LTR, STR, or wrap-sale it to yet another end buyer for a markup!

Good morning all,
I'm reaching out to tap into the collective wisdom of this community regarding a potential investment opportunity I'm considering. As an overseas investor, I've been carefully evaluating different o...