Last month they stated they had secured an SBA loan but that fell through.

i just never see new investors actually have a plan to be successful out of state. 

I have seen recent posts about more difficulties of investing out of state. 

Check out this recent BP article on BRRRR seasoning that dives exactly into your question!

Newbie here! From Wichita Kansas Market. Saying hello, and looking forward to hearing from anyone else who also local to my city. 

So you still have some people trying to sell their guru courses, but far fewer.The challenge with any guru, as I have stated time and time again, "those that can, do.  

KC is a great market for cash flow and a lot of out of state investors invest here.

Would take a leap of faith to invest out of state but David Greene's book (podcast host here on BP) on Out of State investing is a great book.

This will be state by state dependent but I do t recommend it be done by someone without experienceHire an attorney or your PM could do it but it sounds like you don’t have a PM

The conditions giving rise to that state of affairs ( short term rentals) can be regulated/banned properly under any philosophical construct of law (even Ayn Rand would approve).so I suspect you’ll find there’s no property right to impose externalities on your neighbors by running a business in a residential neighborhood. fists and noses?