I ran an add through social media and recently had a home owner reach out to me with a property located on the VA/NC line that was built in the late 1700's.

Where is the project located?

@Joseph M.It's so funny (and actually sad) when I keep seeing postings about investing Out of State when there is no consideration to the future rent appreciation in the location where you are planning on living for the long term.I had a friend who purchased 3 multi-family buildings in Bristol, CT in 2004 but lived in Manhattan renting at the time an apt for $2k a month.The 3 buildings he bought gave him a total cash flow of around $1k per month.Today, 13 years after he bought those buildings, I think there was some rent appreciation but it was very minimal.

I worked with Jeff Careaga located in Budd Lake NJ for years.  

Especially the type of neighborhoods, good locations vs. bad locations; market rental rates, and what's a good purchase price range. 

Make sure this is legal in your area as I am located in Nebraska.

Keep in mind, not all Brokerages have the need to do REO sales, but I can put you in touch with some contacts I have here in Monmouth County if you're interested (not your ideal location, but might be worth the connection). 

The unit is located in Philadelphia.

Once the site of the campus is announced, there will be opportunities to buy properties that are strategically located, for mere speculative purposes.If 50k new jobs will be created (over what time span?)

Great location, lots of Fort Meade folks live there.