Im looking to buy an out of state property. 

It is good to hear that you're wanting to focus on investing and spending time with your young children, as well as potentially get away from any stressors that come from being an attorney, as a fellow attorney I can relate to that.To get started with the things, it could be wise protecting that settlement money by investing it safely into brokerage accounts, savings accounts, CDs, bonds, and even potentially cryptocurrency.

Seek out a good local RE Agent.

That way you can hopefully do renovations as tenants move out one by one and start to build your network of contractors.

For properties in the northern suburbs of Houston, a vacancy rate of 5% is a conservative starting point if you're pricing competitively and managing well.

Are you just starting out or do you already have significant equity, net worth and assets that require protection? 

Right now I'm just looking for advice on how to get started.

Quote from @Kelly Hunter: HelloI am jus starting out but have been reading many books and watching videos.

I think for those starting out, they can start out in many different ways.

Sorry you didn't get started 5-10 years ago, but you know, best day to buy properties is today, I suppose.