The cost of living is an interesting one - as in my view it supports a decision to move somewhere, or perhaps a business decision to open a satellite office, etc - however it does not typically 'drive' that decision.One of the key and most important advantages that Iowa has from a labor perspective, and I believe why the DSM market is a great fit for insurance/finance - is that the typical resident knows central Iowa and is 'content' - this doesn't mean that they are settling, as I do believe the DSM market is a 'special' place once you get to know it - however I'd put a strong bet as compared to other metros that if you polled people, the question 'Do you see yourself moving in the next few decades or do you ever yearn to move?'

Best bet is still brokers.

Among the experienced contractors, I'd bet you can't find a single one.All that said, this is your decision. 

Best bet would be conventional with maybe as low as 15-20% down.

They will probably your best bet. 

Best bet would be to buy below market value of the dirt and flip to a developer to build homes or commercial building.

I have seen 5 year runs where people who bet on appreciation Win big only to lose everything when markets turn.So count me in the Buy positive cash flow properties only.Financial Independence = conservative Financing and long term hold

But I am betting more on appreciation.

I was only 5 minutes away so I went and caught that sucker and took it outside.

Oliver is not currently a great  neighborhood but I believe with the development the city and Johns Hopkins is pushing in the area make it a good long term bet.