Why would one choose value adds that produce lower returns than can be achieved in other markets?

Your time is best spent producing the revenue that allows you to invest in the first place.That includes using local agents you meet and feel are a good fit for you, property managers, possibly buying completed properties like the one you posted here, and outsourcing as much of the process as you can as you get started. 

If you find something that works well as a short-term rental, but doesn't work well for you as a home, you'll have money but be dissatisfied when you live there.You don't even need it to produce a profit.

Lots of natural light.

Be sure to check with your lender to confirm their specific criteria regarding the property's condition.In short, fixer-uppers can qualify for DSCR loans, but the property either needs to be producing rental income or have a plan to do so after renovations.

China as a low cost producer is past- they have aged and standard of living out.  

Santarelli, in two YouTube videos explains the promissory notes investment opportunity (Link), and mentions some of his other ventures including, “cannabis and crypto investing” and producing/co-producing six new Broadway musicals.

The figure for without compounding makes perfect sense to me.For compounding, I took PPR's example, and calculated the annualized return:With the following numbers:A = $1,431,237.45P = $1,000,000.00t = 3This produced an annualized return of 12.68% over the 3 years with compounding.What am I doing wrong in this calculation (I'm certainly not a quant)?

Investing out of state is a bit scary for your first deal, but once you get really familiarized with your market you'll start being able to establish approximate values from afar, and it becomes second nature from there.

If you’re passionate about windows and doors, you should naturally have plenty to share based on your expertise and the questions your customers ask.The main purpose of your blog should be to educate and provide value to potential customers.