If you go this route, focus on areas with stable economies and strong rental demand.

Ultimately, I'm looking for any tips and tricks for out of state investing or recommendations on a market.

I still have to file my 2024 taxes and have been struggling with whether I should do a cost seg study this year or not?

The farther out people have to commute into DC, the more valuable residences close to town are and forever will be.  

You can house hack so your down payment is significantly lower than a purely investment property.You can also invest a few hundred dollars into getting your license and all associated memberships then use the proceeds from the commission of buying your house as a down payment.I'm seeing a lot of partnership advice.

With the current 80% bonus depreciation, it translates into a $40k deduction and $10k in tax savings, give or take.

I can't put any credit into this report because it's GIGO on the data (garbage in, garbage out). 

All of this depends on the project you buy and how fast you are on rehab.I would say get faster....12 months is a long time. 

Thank you, Ashish for your valuable inputs.

Most fail to recognize the lack of a direct contractual relationships can be devestating in the event of a dispute or construcion defect caused by this sub contractor if the appropriate contract and insurance is not in place.