And then when a deal does not go as planning the investor tends to start the blame game. 

We plan to construct several of these around the ATL market.

Owning properties through LLCs in their respective states avoids the need to register a foreign LLC, which adds costs and administrative requirements.If you plan to acquire properties across multiple states, you could create a parent LLC in Florida and have individual property-specific LLCs (child LLCs) in each state.

Also, have a back-up plan in case the market turns and you can't sell for the price you anticipated.

My partner and I are planning to begin on making offers starting Summer 2025. 

I think the idea of planning on selling 1-2 lots per exchange might be easer to handle.

A word of caution related to any kind of mortgage: if you get money from your parents and you plan to repay them, then it's not a gift.

Build a reliable team on the ground, plan occasional visits, and trust your general contractor to handle the day-to-day.

Defense was just something like I just wanted to buy a part of San Francisco for cheap, I wasn't planning to do anything sinister.   

or perhaps a reverse build to suit where the data center operator controls the buildout and the planning etc.I've not been involved in a data center first hand but the central OH market is pretty data and warehouse heavy as far as developments go and to echo the posts here, the power requirements are wild, and the red tape to get that power to the site is often cumbersome.