Sadly, it burned to the ground in 2016.

If you have built one from the ground up what insights do you have or things you wished you would have known.  

If you're not from there definitely good to find a great agent who will be your "boots on the ground" and who knows the area! 

I work at a Warehouse Developer that builds from ground up, then rents them out and manages everything so I get to see a lot of sides of Real Estate. 

I'd lean towards a full demolish as well...either way, headaches, but I'd rather have ground up headaches than remodel headaches ;) not to mention speed

just not sure we can or want to deal with the headaches for what we hope is another 30 yrs. above ground! 

You definitely need professionals with their ear to the ground to know how to take advantage of those changes instead of being caught in them.

Powerful, grounding, responses here.

Hey Jordan, I would find someone you can work with as your "boots on the ground" in the area to help with leads.

.- Higher Cash Flow Potential:Certain markets might provide better rental income, leading to increased cash flow.Cons:- Limited Local Knowledge:Understanding the nuances of a new market is challenging without on-the-ground experience.- Property Management:Managing properties remotely often requires hiring a property manager, adding to your costs.- Increased Travel and Communication:Regular visits and long-distance coordination can increase both time and expense.- Legal and Tax Complications:Navigating different state laws and tax regulations can be complex and confusing.Out-of-state investing can be a great way to grow your real estate portfolio, but weighing the benefits against the potential challenges is essential.