- What are the key factors you’d consider in making this decision?

Each state has different standards/factor tests that are utilized but to answer @Karolina Powell's question if you consistently avoid these bad actions expect to be ok. 1. 

(But it wasn't apples to apples.)I looked at AirDNA's data recently and don't disagree with their broad picture but again, people here know that the details and other factors can tell a different story and bring success for some in the same area (comparables) and loss for others.I'm all about reducing risk and my read on climate data and global economies (& yes, politics) incline me toward continued investment in properties that have multiple channels of revenue, above a certain latitude, and more upscale.

The factor that determines the state of this investment is more often than not the time horizon of the individual investor, your perspective is everything.

Factor in the potential for renting out parts of the property to generate immediate income.

Last appraisal was Jan '17 and came in at $490k, before the LTR and Retail space were started (those not factored in). 

What factors are most important to you?

What factors should I consider to determine if this is a good investment?

This is an important factor to consider while getting into wholesaling.

Friends and family is where I started looking for private money, as there was already a trust factor there.