Generally we raise capital from investors who want a fixed income and have enough meat on the bone to keep all the equity in the deals and push the valuation and also obtain commercial financing where we can get 75-80% LTV financing and still maintain a DSCR of 1.2+2.) 

They're definitely ahead of the curve, but Northwest Arkansas has very little red-tape when it comes to building.

It would be a big red flag to me if they are doing a lot of volume in this market. https://www.biggerpockets.com/member-blogs/10145/83067-limited-partner-s-guide-to-investing-in-the-right-deal

I did talk to the sheriff of the county and he had also told me at the moment that they are ordered to stand down because of the Governor.

Red flags all the way around. 

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. 

It is very unlikely that you'll have problems/be investigated for just one instance, but repeatedly doing this will absolutely raise red flags these days.

That extra cash flow isnt safety, its the market signaling with a big red flashing light, Risk.

Red Stick REI and The RING are the two big ones in the BR area.

Anyone who is considering going the “Turnkey” route where someone finds the market, designs and furnishes it and wants to learn an unbiased opinion feel free to reach out to me at [email protected].