In some states you need to disclose manufacture of meth to future buyers, so this could really negatively affect the value.

The IRR is good metric , but for me as buy and hold investor it’s more about the cashflow and manufactured equity.  

Anything that is manufactured or transported has oil costs built into it.

Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/ Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs. https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-careHere are a few more recent investments https://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0 https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus Check out The Complete Guide to the Columbus, Ohio Real Estate Market which goes through the Columbus, Ohio market in depth and will give you a better scope of where the highest levels of growth are taking place and where to look to invest.

They support a wide range of lock manufacturers.  

I'm curious how many people are: A) flat-out retired so doesn't matter, B)  work locally in, I'm assuming, manufacturing, blue-collar jobs, and other local small business, or C) commuting to and from work in either metro but living there for home price?

Can I go from having a retail tenant to a warehouse, or from a warehouse to a manufacturing facility?

However, they want a mobile/manufactured/SFR in a city that you have no real estate experience in and you are not licensed as a real estate agent.

We do know North Dallas is Growing and you cant go wrong investing in these areas. universal studios recently announced there intention of building a new amusement park just north of McKinney. and outside Sherman is building large chip manufacture plant ( https://dallasinnovates.com/sherman-picked-for-new-5b-silicon-wafer-plant-bringing-1500-new-jobs-to-north-texas)Good luck happy hunting :)

@Jackie Cramer Yes, its 4 unrelated employees (ages unknown) who are working for a manufacturing company that has a year contract with a facility in the area.