Any paying for the terrible data these sites provide.They may work in more populated areas but their "data" in rural vt and nh is garbage.Enemy method all the way.

You'll want to collect research that goes far beyond the documents and reports provided by the sponsor.I'd work my way down this list when looking at the buildings: Specific to the properties: Acquisition Costs, Environmental Reports, Appraisals, Property Condition Reports, InspectionsBecause these are likely commercial properties, much of the value is connected to the tenant, so evaluating the tenant becomes crucial: Conditions of Leases (duration, escalations, extensions), Balance Sheets, Competitors, Historical Performances, Credit Scores, Macro TrendsLocal market factors that you are used to pulling: population density, population growth, unit type inventory and growth (multifamily), median income, etc...Financing terms: interest rate, principle paydown plan, cash sweep options...Offering model: management plan, operations, asset management, exit strategy.Sponsor track record: Every sponsor has a list of the previous offerings within the PPM.

Lake Conroe will only continue to rise in population and value of homes in the area.

It has one of the highest poverty rates in the country, declining population, and not much going for it.

I'm not opposed to investing in Ashland, but Huntington would be my first choice due to the population, demand, growth, college, affordability, and the list goes on and on.

One theory is that the investors see population increasing in these areas and are willing to deal with the ridiculous local laws

The Census came out and reported the first (modest) uptick in population in 2023 for the first time in nearly 70 years.

Additionally, the macroeconomics here has seen significant growth - population and jobs are both growing, and major companies started moving and developing here (Intel, Google, Amazon, FB, etc).

Again, war zone type areas or even areas with poor schools and dwindling populations would not fit the model. 

Research markets, consider factors like job growth, population trends, and property prices.