How comfortable are you that new developments and zoning will continue to work in your favor? 

Overall, there a lot of good places to invest in Ohio and the landlord laws are favorable for you.

., making the long term return is favorable?

From what I’ve heard, some lenders in Texas are especially favorable for these types of projects, so it’s worth checking out a few in the area.Now, finding those elusive off-market deals is an art in itself!

The reason for this is that existing loan guidelines are set up to favor people buying their primary home.

PLease do yourself a big favor and do NOT listen to the gurus about cold calling driving for dollars texting and DMM.

The property configuration is nice and having in-unit washer and dryer will definitely be in your favor.

I have heard of instances where one (the borrower) is allowed to choose the appraisal company or put in a recommendation for one which the institutional bank may honor, and then the person already knows someone there, that they have gotten to know with time from other projects, and it's not unnaturally inflating value but favoring a good one to keep the reoccurring client.  

Waiting too long to refinance can also leave you with less favorable market conditions.Neglecting to Build Relationships with Lenders:Many investors assume refinancing will be easy, but without building good relationships with lenders or shopping around for the best terms, you could end up with a deal that doesn’t work for your investment goals.Ignoring Cash Flow:Some investors get caught up in the equity gains and forget about cash flow.

This will allow you to acquire another investment property with favorable terms (better interest rates, WAY less money down). 5% vs 20% down is massive and will help you acquire more real estate faster in the long run.