Facebook will push your ad in front of people and you have a less likelihood of converting that person if your funnel is not optimized.Google Adwords would be your best bet if you are just starting out.

Fayetteville real estate investing is pretty good, though recently it's getting MUCH more competitive than in past yearsnone of the good deals in Fayetteville stay on market long. your best bet is to talk to realtors and hunt the market often, when a deal comes you need to move lightning quick.

But also consider the legal limitations/costs in each market. 

first you have to decide what you want to do in the note business.. what most of the responses are talking about is buying bad debt.. and 2nds at that which this is the most risky and the most work..if your looking for work and risk and job then that kind of note investing is for you.If your looking for Passive income with no work and Limited risk then you simply need to align with a great HML who takes on private clients or those that understand where performing notes are generated.. we have done over 1700 performing notes for clients that last 5 years and really don't advertise at all. simply because once you get conservative investors in your program it just feeds itself.. deal flow is the key right now.. most have a hard time finding quality. finding defaulted seconds is easy.. and the most risky. 

I want to avoid personal guarantees and limit my cash outlay as MUCH as possible.

The borrower has to settle the debt...it's not going away...and there are also late taxes I would bet...which are in first position in front of the mortgage.

Maybe there is a time limit for minimum time living there that I don't know about, but I think you are fine.

Not to mention (and YES< I'm pulling this card), that I have a very limited budget, have 2 young kids, and am 7 months pregnant dealing with this issue from the east coast while my husband works full time, me part time, while taking care of our children on a tight budget.  

I grew up in the Bellevue area and if you are willing to live right outside the city limits, there are other areas that can work well for both rental homes and or a primary residence.

Hunter, Gore, Windham and other ski mountains should be a good bet in the winter and now that they are getting more active year-round, that should round out your reservations.The Hudson Valley Wine Trail and the multiple breweries in the HV are drawing people in from all over.