The City of Henderson offered an incentive of a low interest rate to assist with redevelopment of the site.

Calgary HAD the biggest appreciation. 

The reason I ask is that certain areas like parts of VA have incentives for everyone, and if that's the case, then that 7.5% seems a bit too high. 

I'm trying to plan this out as well as possible to avoid any issues down the road.I've seen the stories where people run into issues meeting this requirement and get scrutiny from the IRS, to me it seems the two biggest red flags might be when they hire a property manager and also when they rarely go out to the property to work on it themselves, always relying on contractors.

For those who've made the leap, what has been your biggest hurdle?

This contributed additional appeal and incentive to the buyers.Also, it is always a good idea to talk with local experts.

For out-of-state investing, one of the biggest tips is building a solid local team—an agent, contractor, and property manager you can trust is key.

I have seen the good and the bad, I have watched some of the biggest names here in Indy get started and have helped most of them in some form or fashion. 

Biggest thing is adjust pricing appropriately. 

Biggest pati le is getting approved from VA and bringing property up to regulation.