It’s a little more work to set up, but if you get a solid property manager, it’s not as scary as it sounds.If I were you, I’d keep digging into the Capitol region, NJ, and CT—compare the numbers, and maybe even start building connections with agents or wholesalers in those areas.

(+1 sub)speaking of uncut gems. it's interesting that was the movie you were going to watch, given your situation. can't really compare RE to gsmbling, but the guy had heart and wouldn't give up for nothing. great job on persevering thru this storm! 

I create a simple spreadsheet and compare my CoC return and Return on Equity (ROE).

Compare it to the area you grew up in.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

. -- lots of factors to consider (including your personal strategy), but here are a few high level metrics to compare the most populous zip codes in HuntsvilleWelcome to drop me a message if you are interested in checking out the full report 

How pricey are comparable properties and their costs?

The benefit is significantly less red tape compared to working with your traditional local banks who also do new construction financing.

Are there any unique considerations or red flags you look for compared to the traditional rental process?

How would you guys compare Columbus to somewhere like Memphis that has similar price points?