Red flags all the way around. 

The city just passed a very confusing zoning regulation restricting student housing to a specific area, and we're all trying to figure out what the fallout will be.

or perhaps a reverse build to suit where the data center operator controls the buildout and the planning etc.I've not been involved in a data center first hand but the central OH market is pretty data and warehouse heavy as far as developments go and to echo the posts here, the power requirements are wild, and the red tape to get that power to the site is often cumbersome. 

Get out of your comfort zone.

If the insurance is higher, like in a flood zone, or hurricane zone the net will be lower. 

Hi Bridger,  Back ground;  most counties/cities have zoning and regs on;  max number of unrelated adults allowed in a rental. 

Currently speaking with a local realtor about the STR zoning issues, insurance issues, and current/future market in Florida. 2025 should be a good time to look for a property there. 1.

That extra cash flow isnt safety, its the market signaling with a big red flashing light, Risk.

It is very unlikely that you'll have problems/be investigated for just one instance, but repeatedly doing this will absolutely raise red flags these days.

Sometimes the best investments are the ones you wait for.Here’s the kicker: utilities and zoning can make or break these plays.