Sources for insurance and property taxes: Insurance - ValuePenguin, State Property Tax Rates - Rocket Mortgage.Low risk of natural disaster: Natural disasters can devastate your property and the surrounding community, leading to job losses and the closure of shops and businesses.

Underwriters will look at the population density of the surrounding area.

Can't seem to edit the post, but I wanted to add the markets I have presence in: Atlanta, GA and surrounding areasDallas, TXOklahoma City, OK 

Every day, the Chemical Plants (Dow, Shintech, etc.) and residential neighborhoods that surround the site of this location provide a high traffic count.A great opportunity exists for a tenant that is willing to market their business to travelers of Hwy. 1, the residents in the surrounding neighborhoods, and neighboring communities.How did you find this deal and how did you negotiate it?

Some of the surrounding cities that don't currently restrict short term rentals are discussing adding restrictions in the future.

The city’s investment in infrastructure, new businesses opening up, and revitalization projects have made a real difference in neighborhood quality and overall economic activity.Population Growth: After decades of decline, Detroit's population is finally growing again.

So many more people on here more qualified to answer this than myself, but my thoughts....Have to focus on areas with existing infrastructure. 

I’m familiar with New Orleans, LA and the surrounding areas 

The market in Ormond as a whole is way down when the surrounding areas are up.

You are at the right place to surround yourself with knowledgeable people to help guide you.