I'm pretty sure that the majority of people that went through that program did not do a lot with the information that they got.

I've seen flippers run into last-minute delays selling when the title company notifies them of the need for additional documentation late in the process.

I'm an investor (STR properties), realtor, and own a construction company near Texas A&M in the Bryan / CS area but travel to the 903 frequently to visit family.

The local who lives there but commutes 30-60 min to another community because they can’t find a job to support their family in their town.That same local knows that a 4plex would be great on that lot that’s been vacant for 20 years and that there are at least 4 families who could benefit greatly from that development.That local knows that Ryan’s plumbing and Katie’s electrical companies that service 75% of the town really needs a new flex space to use as a shop, storage, and parking for their business so that they aren’t working out of their garage and can hire a couple of locals to work with them at the office and in the field.Development is different in our small towns but if locals aren’t the ones doing it, and developers aren’t coming, what happens to our kids futures?

This is not the utility company's responsibility.Your lease should state the tenant is responsible for maintaining utilities.

In my firm, we underwrite the Sponsor as a company in addition to their individual offerings.

And it could take even longer than 6-12 months to find a replacement depending on the area.The other things to look at carefully are major Capex or maintenance expenses - you didn't mention whether this was a NNN lease.

The vast majority of licensees don't do any business.

No major red flags, mostly small fixes to start out and I am pretty handy.

At this time I manage and renovate majority of all my units to keep cost low but most likely not the best use of my time although I'm skilled at it.