As I plan to house hack whatever I purchase, my expenses should be covered by the tenants.

This way you'd only be looking for financing $895,000 of $1,150,000 purchase price.

And this debt allows you to actually purchase additional depreciable basis. 

My trust was created and follow the rules of FL, if that makes any differenceI purchased a home and transferred the deed into my trust.

My question is can I purchase a property as a house hack in a different state even if I never actually live in it?

You can have a candid conversation with him to review your financial situation to determine Nathan Green's #2 point about getting your finances in order to be ready to purchase your next investment property regardless of your exit strategy.

There are lenders that will help finance up to 90% of the purchase price and a 100% of the rehab up to 75% of the ARV with 660 and above credit (the exact details depend on the property and the borrower's credit profile).

"Shadow-anchored," meaning the Target or Costco building isn't included with the purchase, but it shares a parking lot or similar.

Seller Financing: In some cases, the seller of the property may be willing to finance the purchase themselves.

Short Story: Started LLC with a partner(family member) with the intent to begin our joint real estate venture. We both have cash reserves, my partner does have more liquidity than me being a property owner for quite s...