No restrictions besides the flights over once in a while.

Then your investments start compounding and it’s easy to scale from there by trading up with 1031 exchange and refinancing.People will spend $100/month and wait there entire life trying to win $1M on scratch off tickets to retire broke, but if they would make the sacrifices above for 2-3 years they have the fortune.  

Don't over do the rehab but you still want to take care of larger ticket items while some cosmetic changes will help bring in good value.

There is a direct flight daily from LA and it's only 3 hours away and the time zone is only 2 hours different.

That to me is like saying you had a bad experience on a flight so you are getting your pilot license and going to fly yourself around on vacation and business trips. 

The first thing I'd do is head jump on a quick flight to Vegas and put it all on black.Joking aside I know what I'd do, I would likely continue to do what I am doing because that's what I am passionate about.

@Joe Splitrock is right, it's best to pre-flight it all.

The capital expenditures are expensed on an ongoing basis, as compared to all at once when the money is deployed for a big ticket item.

I was 10 flights from track select and got thrown on med hold.

Without someone local, you have no place but to buy a short notice ticket and fly there.If this is in driving distance, its much easier, but the same advice applies.If you really want a very hands off approach, then find someone who sells turnkey investments in the area.