Those that teach, can't do".BRRRR out of state is very risky business IMO.If you have a $150,000 liquid you could pick up a nice flip in Texas.Haven't been here long but have been long enough in the RE market to see how booming things are here and the deals to be had especially from flip standpoint.I'd stay local, buy, fix and flip and only buy, fix and hold when you cash surplus allows you to do so.Just my opinion and wishing you all the best

@Barrington Smith I'm busy with a 1965 full house remodel in VA.

Once the property passes inspection you submit your lease and the Section 8 agreement and you are in business offering government housing. 

Then you really need to trick out the design so you stand out on Airbnb.If you're game to hold the property for a while, I think Bacalar is also an interesting place to invest in the area.

Like any active investment/business evaluating the business environment is part of the CONTROL we have!

The Nest thermostats are designed to work over a wireless network so they can be remotely changed, but there would be nothing stopping you from installing one without using it wirelessly and just using it as a regular thermostat.

The loan will be in your business name and won't be reported to credit agencies, which is huge.

It is a banking and bookkeeping platform designed by real estate investors for real estate investors so it really does a good job of meeting your needs.

@Jesse Rodriguez- Do you own the property in an LLC or other business entity? 

The tax treatment of your land sales would typically be determined based on when each parcel was sold and whether they were held for investment or business purposes.