That can be a factor.  I

How much of a factor is my inexperience in real estate when lenders analyze my risk 3.

He once again was quick to suggest a couple of the properties on my list but a Google Earth search showed one had a massive Steel factory directly behind the house and the next one looked like it was in the hood despite having a 2.5 star neighborhood rating. 

And maybe even a further differentiating factor is Ohio State University.

I thought the proximity to the beach was a factor. I

One factor I missed above is that we also make close to $10,000 additional payment towards the mortgage per year in addition to the above numbers (and can do upto $15,000).

Also you should have a target market of renters that you know would be interested in renting your units; college students, factory workers, hospital staff etc.

It is built in a factory and then attached to a normal foundation on the site. 

@Jonathan Balos  A person could do this anywhere there is a large industry (refinery, factory, military base, university, etc) in a relatively small community. 

All he knew is that the code had never been changed from the factory settings.