@Daniel PessinI’ve been working across the country mentoring folks for several years.I’ve found that the figures may differ but the ratios, percentages, and basic principles apply everywhere.

AK isn't as competitive market as other parts of the country, but if there's another investor in your area, chances are they have already mailed to the absentee owners.Consider combining absentee owners with other motivated segments such as Owners with Low Financial Stability Scores (FSS) or Seniors with Long-Time Ownership.

According to data from ATTOM Data Solutions, Las Vegas home prices crossed the point in the last few years where it is more affordable to rent than to buy.

Preferably an SEC attorney to ensure you do not cross any lines.  

The reason I had to wait between mid 2018 and now is because I was out if the country from then until the very end of 2019 dealing with family issues.

Depending on your rehab plans and which part of the country this is in, that may not be enough time. 

It’s one of the top vacation rental markets in the country and people are killing it with self managed and professionally managed STR properties.

Many parts of the country are blessed with a tight housing market right now.

Not next-door, but not the other side of the country either.  

In addition, depending on the part of the country in which the property is located, you may need to pay for landscaping, snow removal, etc.Lastly, another reason why knowing the location is important, is that it might open up alternative income strategies which could turn a negative cash flow deal into a positive one.