The state has three distinct personalities (mountains, piedmont, and ocean), which limits the risk of having all of your eggs in one basket.

This separation helps in maintaining clear financial records and simplifies tax reporting and financial management.Setting up an escrow account specifically for rental income within your LLC can offer several benefits:Financial Clarity: It separates rent payments from other operational expenses, making it easier to track income and expenses related to the rental property.Legal and Compliance: Helps in demonstrating that rental income is kept distinct from personal or other business funds, which can be important for legal and tax compliance purposes.Tenant Transparency: It provides transparency to tenants and other stakeholders regarding where rental payments are deposited and how they are managed.While it may not be a legal requirement in all cases, maintaining an escrow account specifically for rental income is a prudent practice that many experienced investors and landlords follow.

Depending on your priorities, short list the towns fit into these above segments and then look for properties in these towns.

But it does have a distinct odor & I would assume taste.

The terminology between what is "Private Money" and what is "Hard Money" is very vague and these aren't even really truly distinct different options. 

Affordable housing has more opportunities than any other segment of real estate.

I own a top 1% real estate team and we make good money mostly in the luxury segment, (which BTW is not an easy job, you are welcome to give it a try)  but the by far bigger share is still from our RE portfolio.

Companies expand to locations with low crime, low operating costs, a pro-business environment, and a metro population >1M.Having defined these three requirements, I will now provide the sources for the necessary information.Cities with a metro population >1M: Small towns may rely too much on a single business or market segment.

I do manage some multi families where the owner manages some LTR units and we manage the STR, so that is definitely possible and not unusual at all, it is a hedge as they are different market segments.

Operational Discord: Clashing Business ModelsRealtors and wholesalers are two distinct players in the real estate market, each with their own unique approach and business model.