The city may boost my business since I pay a lot of taxes.....

Your construction background and being local to Columbus are huge advantages—they’ll definitely give you an edge in finding properties and keeping rehab costs down compared to others.I’d suggest exploring parts of the city you’re less familiar with.

But this is Rare.. you cant compare most low value areas of cities in the mid west or Rust belt to Charleston SC.. 

Quote from @Natalie Allie: If you are still considering the Land Bank in Detroit listings, just be careful to check with the city on whether or not the water needs to be reconnected.

BP Community:I’m building out a list of videos that will highlight the economic development in the specific cities/towns we invest in.

And who will keep you from falling into any bad situations which happens often to newbies in the city

I'm looking locally to start out (mid size city in North Carolina) - is the answer a different market?

From talking to locals, there's a couple of issues than need to be addressed, some are the non-ecological practices that some of those developers have, unfortunately, our government profits from this investors and allows them to destroy manglers (which are the natural water purifying system of that area) dismantling hectares of mangroves and degraded the habitat of resident and migratory species burying animals alive.There's proof of fecal material floating beneath the city of Tulum, only 20% of the water is sent to the water treatment plant, there's no infrastructure for the exponential growth.The landfills in the middle of the jungle that is leaking hazardous pollutants into the freshwater system and that something that developers won't tell you.I love my country and it would be a disaster for everybody if this place ends up like some other great beaches around the world, that are completely ruined by greedy investors not following the rules.There's no urban or comprehensive master plan, and one of the risks is that Tulum will be like Playa del Carmen is today, overgrown and with environmental devastation.I will advise doing a lot of research before getting something in Tulum, different country, different rules, and practices.

Still expensive though.And why would you want to invest in a city with rent control?

@Godsheritage Adeoye And for anyone else considering this... in Baltimore City you need a current lien certificate to record a deed.