Learn how much time and money actually goes into a project.

If we're talking about actual house-hacking in NYC, maybe you want to explore small multifamily homes within 30-40 min commute to your future office.

This can tell me a lot about the age of the plumbing, roof, HVAC, etc before actually walking it.Here is a rule of thumb I use for my market of Jacksonville FL:Light Cosmetic($40-$50 x Sq.

The answer to that question is probably your answer since it would solve the homestead dilemma.James, No restrictions on buying the first property as an out of state buyer but if you try to cash out on that property then this title company will not do it I guess.  

I have recently started researching EPA for possible investment and was actually surprised by how nice the houses are but the schools are really really bad.

My best guess for a setup is something like this • I hire VA's to build a list  and skip trace 5,000 contacts • I hire a call center to call this list • the motivated sellers are registered in call centers CRM which directly connects to my CRM.

If you're not local or don't have a local team, You can actually spend more time tracking down good people long distance than someone local. 

I'm an active agent/investor and can actually run the entire project, purchase, and sale.

With that much equity I would guess you could buy 2 properties?  

I'm guessing these will be installed into single family homes.