Is it a bad idea to invest out-of-state for a first time home buyer/investor?

Investment Info:Single-family residence fix & flip investment.

We are going through a contentious divorce and I would like to buy her out, but apparently thats not very easy.If we sell the properties our gross earnings will be about 300k, while our net earnings will be around 150k, due to capital gains, depreciation taxes and realtor fees.My lawyer, who is not experienced in real estate investing, says I have to buy her out based on gross earnings, so I'd owe her 150k.

It could be an easy fix like this or a bigger problem depending on the factors at play (are the joists accessible, will it mess anything else up if you just jack it up and reinforce, is there water damage or structural damage to the foundation causing the sag instead of just old joists, anything else going on like a supporting wall or posts under the floor, wiring or plumbing runs involved etc.).

Projections for 2025 suggest a more moderate 5-7% price increase, still above national averages but with less intense competition than during the peak years of 2021-2023.Investment OpportunitiesThe Las Vegas townhome and condo market offers various investment opportunities.

Soon, I'll have some capital to invest in RE.

Flexibility and a proactive approach will help you navigate challenges and protect your investment.3: Make strategic improvements 🏡Not all renovations will boost your property’s value equally.

I am looking to purchase my first investment property and I want to do a house flip.

We have about $50k to invest right now.

My advice is to double check if to invest in Fort Meyers: talk with someone who knows the local market inside-out and is not pushed by selling you something because the market there has been very tricky.