It wastes my time, the other agents time and the buyer and sellers time as I need to present all offers.If I was going to go to a casino to gamble (I don't), I could keep putting money into a slot machine and I might hit a big one but will probably go home broke. 

If you're looking for out of state, my advice would be to look at Las Vegas or Houston and purchase multifamily.

The majority of properties near the Las Vegas Strip fall under the jurisdiction of Clark County where short-term rentals, defined as fewer than 30 days, are prohibited. ...

I’ve never lost money on a purchase (even riding vegas through the 2000’s).

At another event he held in Las Vegas, NV, his words rung true to me in that we should have an exit plan.

Check out Anderson advisors in Tacoma and Las Vegas to learn about asset protection. 

Mississippi is my home state though I now live out west in Las Vegas.

Is anyone out there wholesaling in the Las Vegas area? 

Even Barstow CA which is heading toward vegas.  

I think it is very unlikely with the announced interest rate increases and the already realized appreciation that next year has anywhere close to a 16% national appreciation (Last 12 months have been crazy in terms of appreciation and "only" 18.1% appreciation - again certain markets like Phoenix, Boise, Las Vegas have been substantially higher than average, my market has been higher than average but not what I would call substantially higher).U.S.