Any active duty base is preferable.    

I have not partnered with any of them bc I view partnerships as a last resort - just a personal preference.

Do you prefer single families?

Anyway, you mention you've "developed a strong foundation in market analysis, design, and project management", which are all important in the development space.My question, what areas do you feel you are lacking and are either trying to develop those skills yourself, or you'd prefer to bring someone onto your "team" that would provide that expertise? 

Just depends on your risk tolerance with the fixed or variable rate preference and which makes more sense for cash flow. 

I always prefer to have a local attorney experienced in PML in that state.

The food is outstanding as is the whole vibe of the area. 

I have a few for cash flow but I prefer equity - which I live in the Washington DC area so you are not going to be getting cash flowing rentals off the bat but if you hold them for 20 years you will not be complaining. 

If you have plenty of money then it probably wouldn’t matter how much the property costs, but for a $1MM+ property I’d personally want at least a 6-7% annual return through cash flow (15% or better preferred) and a pretty good idea that it’s going to appreciate solidly.

Owensboro, the state's 4th largest city, has a population under 100K, and many OOS investors prefer cities with at least 300K residents and strong job growth.