Structurally it is solid and the exterior needs minimal work.

The root of the affordability crisis is lack of supply.

Why not use this time to build a rock solid foundation for your future:- If offered, invest in your 401k up to the employer match (never turn down free money)- Save up enough cash until you can get into a solid investment (one that allows BRRRR or a hack or both)- Use the extra cash you have each month to tackle the projects/reno... if the purchase allows for a hack you can create a new rentable unit first and then use the extra income from that to do the rest of the project/remaining spaces.- After completing the remaining project rent out that space, go after your refi (which clearly has a lot of equity now because you did the work yourself, added income creating units and without pulling another loan... and you're ready and in a fantastic position for the final R - repeat!

If you want more convenience, that might put you more solidly in MA since you work in Boston.  

Do you have a solid property manager?

This is a solid policy for a Landlord Home.

There are some solid opportunities in the midwest and Ohio specifically.

Recently, a solid, all brick ranch home came on the market in one of the neighborhoods where I manage my investments.

@Spencer Herrick like most of the folks said here, it's about your team and being sure you have a solid due diligence process in place...no need to see a property in person if the property meets all the criteria on your due diligence checklist...the first 35 checklist items are crossed off in the first 3-days of due diligence...One thing you have to remember is almost every existing and new structure in the country was built by a professional developer that met strict requirements set by building codes...properties can have issues, but almost anything can be fixed...overall SFR and MF homes are incredibly durable.

My advice if you want to get momentum going is to not worry so much about getting a grand slam first deal by cold calling for your first one but to find a solid deal that works.