Hi all from Bigger Pockets community, I am a newbie real estate investor and just starting out in this domain of real estate investing with the sole aim of achieving financial freedom. In doing so I and my best buddy ...

The only other way I would invest out of town is to research the area and have friend there that is willing to use to do whatever is necessary and call you on the phone daily to give you an update.You know when a particular market is doing well to see if the population and jobs are increasing. 

Atlanta is a competitive market, make sure you have your financing in place and ask around for an investor friendly agent.

Take the cash offer and buy rentals in a more landlord friendly state 

My best friend told me about his site (but he's not a member lol).

Since you live in the northeast, you might want to consider an experienced Turnkey company that would keep your travel expense down while earning some money every month.Unless you have friends or family in the subject area that will be willing to help you, that may be the way to go and not too risky. 

Winning Bid - 86k + 5% = $90,300Rehab Estimates - $15,000Closing Costs - $3000ishHolding Costs  - $7000 ish (IF I'm required to live in it for a year, not 100% sure)Rent - $1300/monthARV - This is where things get tricky...My Realtor who is an investor himself and family friend thinks it'll ARV for 150k - 160k "easily"HOWEVER, I checked Zillow and saw the Zesimate at 126k and similar homes are going for around 130k.This home is only 1000 sq/ft.

User friendly as possible!

That money can be found by borrowing or partnering with family/friends/coworkers who want to buy rentals and add yourself as an owner of that rental property.

I had an agent friend reach out to me about a pocket listing he has and wanted to know if I have an interested Investor, he is offering a finders fee.