BUT to get insurance as a GC you are going to have to jump through some hoops since you dont have a construction company and you are doing a major rehab. 

Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.

I set up my entities mid 2023 -a holding company in WY and an operating LLC in NJ and have only had start up expenses so far and no income.

I'd suggest you continue to build that network of wholesalers/deal finders, specifically the smaller mom & pop type wholesalers compared to the larger companies out there.

Purchasing a home in Arizona, no realestate agent used, since it was a new built.what should I be on the look out for, any Arizona Title company highly recommended, and escrow companies if the seller does not choose one?

Get renters out of their neighborhoods and back in to large apartments owned by large companies where they belong.

This is not just you but large investment companies as well. 

There will never be homes built behind this lot since the power company has an easement for lines behind the trees.We have to move out of state due to my husband’s work.

Don,My negativity is with those who are starting out, have no assets and buy it in their personal name and then transfer it to a LLC that has a holding company LLC etc.

What companies have you worked with on that?