Buying property in another state?

I am a college student living in Ohio. I have been seriously considering investing in property in Flint, Michigan with my tax returns. There are homes selling for less than $500, most of which are in serious need of reconditioning. What sort of legal issues should I be aware of before I begin my search? Is there anyone I should consult before buying a home, such as a lawyer, real estate consultant, etc.? I would not be living in the home. It would be something I buy with cash and slowly renovate or sell when the market picks up.