It’s important to figure out your goals and objectives, and then that will ultimately give you a few areas that you can narrow it down to.

Obviously, I don't know anything about your finances, so for all I know, you may have a few million in the bank, and this project is just a fun experiment that wouldn't even be a drop in the bucket if it all turns south...but, regardless, you'll want to model out what would happen if this project crashes and burns...As you may know, managing a rental in a D to F area (or even a C area) is usually not recommended (for many reasons), and funding a rehab with credit cards is also usually not recommended (again, for many reasons). ...even highly experienced investors often won't touch anything lower than C grade because of all the difficulties of managing and re-selling them...If you're dead set on rehabbing the place and keeping it, I'd strongly suggest studying up thoroughly on the local rental market and tenant pool (e.g.; rent medians and lower and upper bounds, typical days on market before securing a tenant, local vacancy rates, tenants' typical income, education level, employment opportunities, credit, and rental history).

The recommended set back for building is 15’.

While I don't know your personal capabilities or background, the objective should not be to merely purchase real estate, it should be to execute on an opportunity where you do right by your capital providers. 

Lets do this objectively using data with same set of indicator, lets compre Raleigh vs Columbus.Lets use the "Offer above asking" Percentage from Redfin data.https://www.redfin.com/city/35711/NC/Raleigh/housing-market#... 

There's a similar trend I noticed in Lehigh acres florida. there was a miami based builder who came in earlier this year / late last year and built 5 modern homes. all 5 sold and set record prices for the area for single family homes. it's not that newark calls for this or any infill lot in columbus it's how can I deliver a premium product that will sell regardless of location. something with features that people want. 

And thats really my question, what do you look for in one set of financials vs another that helps you guide that decision?

It’s important to figure out your goals and objectives, and then that will ultimately give you a few areas that you can narrow it down to.

BP is a great place to be to help set up your team and build your portfolio.

I am committed to setting clear objectives, seeking guidance from seasoned investors, and continuously improving my understanding of the real estate market.Passion:Real estate investing is not just a hobby for me; it is a true passion.