Unless there is some huge upside to investing in OH staying in NV seems to make the most sense. 

I am not sure when and how each option makes sense.

I don't see the value there....paying a plumber to come re-iterate common sense. 

I also heard Brett Immel was still doing business in Iowa, though I read an article that says he has been busted for lying during a bankruptcy hearing and may go to prison for 5 years.Would it make sense to contact the S.E.C.?

As investors (buying a home to live in or to house a business we own is DIFFERENT), 90% of sellers will NOT (at least at the present time) accept an offer that makes sense for the investor.  

Give everyone a better sense of what you were considering.https://www.firstdeal.com/

I overall agree that right now most real estate doesn't make sense for a hobby investor.

I will give you the common-sense answer below, but this is California, where common sense doesn't exist.A mandatory evacuation is outside of your control, so you shouldn't suffer financially because of it.

He ran the numbers, we used a calculator to run numbers for rental or flip property, and the math made sense.

Builders can give you some sense of cost and project scope and local officials can let you know if any grants exist for affordable housing, re-zoning efforts, etc.