Contrary to most business lending, the REI industry has a lot of "non-bank" lenders that provide attractive loans that can lower your cost of capital and improve your profit/cash flow. 

New and improved and looking to make it the best ever this year.

This could affect markets relying on new chip plants, green energy projects, or other manufacturing, leading to increased vacancies and fewer workers.Conversely, markets with well-established job centers will be better insulated.

from my advice rural properties and developments aren't successful and you are climbing an uphill battle. sounds a little niche. we focus on developing and not reinventing the wheel. if this is truly what you want to focus all your time and energy on then visit the closest 5-10 of these that look like the ones you are interested and ask if they'd expand or build a secondary one. do a lot of research before you just take action 

Multiple people had some bad things to say about the area, but when I moved and realized that it was a low income area with a lot of homeowners, I was motivated to improve the property to match the effort my neighbors have put in. 

Dig deep into tax strategy, tax efficiency, etc  Learn about estate planning. 

Keeps it efficient

Repairs made while the property is your primary residence are not deductible, but improvements can increase your cost basis, reducing future capital gains tax when you sell.

It takes a lot of practice and sucks in the beginning, but if you stick with it long enough and keep improving it will be worth it

I ran the numbers and looks like a good deal (7% cap rate, 5% ROI, and ROI will improve as the years go by).