Could the terms create a favorable reason to do the deal so that in 10 years it would be helpful in our retirement... for income or to sell to take equity to pay down another property.  

A ton of investors from states that favor tenants are starting to invest in Ohio because of this. 

Real estate investors should look for off-market properties for a few reasons:Off-market prices can be negotiated better due to less competition.Lower competition, in general, equals a better chance of your offer winning.You can negotiate other, more favorable terms that aren’t always available on-market.Why Do Sellers Go Off-Market?

It's important to do your research and know the current laws. https://law.justia.com/codes/m...Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.

Please do me a favor and keep your negative thoughts to yourself. 

Remember, C/D located properties generally appraise once improved for significantly more than they will actually sell in an arms length transaction so you can go to many C/D neighborhoods, successfully complete the BRRRR method but deal with  all of the operational difficulties of the asset class and then fail to achieve a sale figure remotely close to the favorable appraisal  that allowed for the proceeds to be returned through the refinance. 

Many syndications provide tax benefits such as depreciation, which can offset income, and some offer favorable capital gains tax treatment when you sell.Municipal bonds are another tax-efficient way to diversify, as the interest earned is generally tax-free at the federal level, and sometimes state level too, depending on where you live.

I am not in favor of squeezing the last dollar out of trades, just to the contrary.

I have the ability to get these units built at very favorable costs and there are no real comps I can find so I am at a loss for planning my development strategy with regards to the size of loan I could reasonably get.This will be my first project and my partner's third but he self-financed the two others.

The rent-to-price ratio there is extremely favorable.