I will offer this suggestion, If you can secure long-term tenants post-leaseback and consider future value-add improvements, the property could yield even greater returns.Also, keep a close eye on commercial real estate trends in Middle Tennessee, especially given the area’s growth.

One metric they provide is new construction sales, which I can use to calculate % of total sales and see whether that value is trending up or down.My question is, in general is a market more or less desirable if there are a lot of new builds hitting the area? 

When considering other locations/markets, check demographic trends - things like population changes, household income, job growth, etc.

Delve into market trends, neighborhoods, and property types that align with your goals.

Having a good game plan as an investor is key, making wise purchases, accurate budgets, holding subs accountable and to also know, yes, this may be the  current ARV at purchase, but how is this market trending and what’s our timeline.

The last cycle where rates were on a downward trend started in 1984 and ended in 2021.

Any insights on suitable areas, zoning regulations, or market trends would be greatly appreciated!

Try to track days on market and price trends to see how well an area is selling.There is a housing shortage in general, so every house will eventually be a home.

Seems like a great strategy and I hope others keep up the trend!

I also consider factors like interest rates, property appreciation trends, and my long-term investment goals.