welcome @Aaron Galat stay active on Bigger Pockets.  

Originally posted by @Jay Hinrichs:now i was over in Hawaii last week and my host has been buying   tax free state of Hawaii bonds which according to him have been yielding 4 to 5%I'm betting that every place you go, real estate and finance pops up in the conversation somehow...

I am currently serving on active duty in the Army. 

Most parts of REI are difficult at first, stay active and things will fall into place.

He's an active wholesaler and does retail fix/flips. 

There is an active real estate investor group in Little Rock you might want to connect with.

It's the nature of the business.I wouldn't recommend hiring an agent since most agents aren't familiar or comfortable with the areas you would be investing.Your best bet is to find professionals in all facets of the process in the market you choose then fly in to town for a couple of days.

If you get a good counter and you accept you still have plenty of time and contingencies to get out if something doesn't work out for you.Take an hour and listen to the podcast and I bet you will be ready to move forward.Cheers,Bill

@William Tiffani Smith your best bet is to have a lawyer draft you a letter. 

Can any of experienced fellow REIs kindly teach me what activities I need to do to avoid those risks?