I’ve read an article from fortune.com stating that renting is now cheaper than owning in Americas 50 largest metro areas.

I was President and owner of BREIA and MD-REIA, two of the largest REIAs in the country right here in Broward and Miami Dade.

I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.

A little incentivization is fine, but the market will take care of a need if it is real.Example - look at one of the largest building costs - the Permits and Fees of over $5 mil. $5 million?

The special allocations must have "substantial economic effect" (essentially meaning that cash flow to that partner could be impacted somewhere down the line by the allocation) When you start getting into partnership tax law and special allocations it is probably a good time to loop in an attorney and/or tax pro.

Look for areas with strong economic growth, job opportunities, and a growing population and build a team.

(granted, the land was 50% of that... but the investor walked away with a nice 6 figure profit and never had to pick up a single hammer)As a reference, I made my living as an RVP/General Manager for one of the largest Manufactured and Modular home companies in Florida and specialized in both high end modulars as well as "Mobile Home Park" turn-arounds.

I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.

Like ourselves, we're not the largest or highest positioned on search engines, but we're all "hands on" (doing the work ourselves, no salesmen!)

I can't speak for others, but I have 33 years experience and a formal credit background from 3 of the largest banks in the world.