Hey Paul, my business partner and I work with investors from all over to help them execute the strategies that are actually working here. 

I currently live in Phoenix, AZ but I'm looking to purchase land and put two prefab homes on it with my business partner.

Since it's your current primary, you would need to move out, change your address, and likely get a lease in place before closing on the DSCR loan since the lender needs to prove this is a "business purpose" loan and not a loan on your primary residence. 

Not incredible, but fine.An out of state flip or flipping business, handled completely remotely? 

I use Coterie for business liability. 

Quote from @Anthony French: I’m relatively new to real estate development, having completed only one fix-and-flip project.

In 2023, US metros collectively grew by 2.6 percent in real GDP, contributing to 91.1 percent of the nation’s overall economic growth.

South Carolina (where I live) is a great state for many things but not rental real estate.  

There is a barrier to entry, and the city is pro business, but our market had much better metrics.Lower entry points should not factor into getting in a market.

Sell your investment property and buy the land for your business.