clientele – is the nature of clientele changes from state to state or the same demographic group that rents in the west will be my clientele in the east?

I was hoping to get some insights into the Lebanon and Whitestown areas as far as the economics/demographics.  

Demographics ?

It’s agreed that lower demographic properties have greater volatility and a much greater chance of having a disappointing (if not outright negative) ROI for longer stretches, due to evictions, turnover, lack of good tenants due to high unemployment, and general social pathologies and bad financial habits among the lower-income tenant group.

However, if you sign up with Loopnet and pay the annual fee, you will find it as a great resource for market data i.e days on market, price sold, property financials, employment statistics, zip code / city statistics, demographics, etc. 

You may get an offer you can't refuse immediately, or you may have to go through a long process to do your build to suit.Without knowing the area and the accompanying demographics and growth, regional and national tenants may or may not be a possibility.A "lease/purchase" type of agreement is fraught with hazards; as, some courts have handed down rulings that have harmed sellers entering into such arrangements.

CL may not be very effective depending on your demographic.

North Ogden and South Ogden are their own separate cities with different demographics and higher home values.

They want to leverage not just the demographic knowledge of the TK, but the SYSTEMS within that TK company.Anyone buying on the MLS may be paying closer to retail, and is definitely paying some commissions for realtors. 

Landlord friendly vs tenant friendly and the overall demographics - price-appreciation - local market fluctuations - all interesting trends to observe and learn.PS: Agree on the fact that multi-family makes you the most money eventually & old-time investors or general thumb rule has been to stay local - buy/manage local etc.