This would be a large residential development in a rural town with a great location.

If you do agree to sign, you can (at least in my area) specify in the contract that it is just for a particular property, or a particular location, etc. 

This is not location specific.

You don’t get CA level appreciation in Kansas City.Some areas are high crime so need make sure you understand the neighborhood you are investing in, like any city all locations are not equal.Very car centric city, mass transit is not widely used, people don’t walk, they drive outside of a few very walkable locations in heart of the city. 

However, after seeing what we could offer in terms of amenities, location and service, they happily paid the premium rent associated with renting from us.I am not a natural salesman, but reading books on marketing, sales and hospitality has greatly improved my ability to convert a lead.

Maybe a really good location?

I’ve focused mainly on Florida but have also looked at options in Sacramento and other slightly more remote locations in CA.While I’m familiar with value-add strategies (ADUs, renovations or storage rentals), these seem like heavy lifts for modest gains.

were is the property located?

We offer 80% cash out depending on the state the property is located.

If you buy in a vacation area there really is no safety net other than desirability/location…I guess just don’t pay up too much.