2 years ago I purchased an acre of land in Arizona with a friend.

Quote from @Cheryl J McGrath: I'm having issues getting property under contract.Agent/seller wants a pre-approval of funds first.I can't get a pre-approval for every property or is that the way it works Thanks Are you actually intending to purchase the property?

I am constantly told by investors, particularly new investors that MLS properties are bad investments and they will only purchase "off market" properties.

As I plan to house hack whatever I purchase, my expenses should be covered by the tenants.

This way you'd only be looking for financing $895,000 of $1,150,000 purchase price.

And this debt allows you to actually purchase additional depreciable basis. 

My trust was created and follow the rules of FL, if that makes any differenceI purchased a home and transferred the deed into my trust.

Short Story: Started LLC with a partner(family member) with the intent to begin our joint real estate venture. We both have cash reserves, my partner does have more liquidity than me being a property owner for quite s...

My question is can I purchase a property as a house hack in a different state even if I never actually live in it?

You can have a candid conversation with him to review your financial situation to determine Nathan Green's #2 point about getting your finances in order to be ready to purchase your next investment property regardless of your exit strategy.