The person who will lease the restaurant space would like for us to go in 50/50 on another opportunity once we figure out if the numbers will work on that deal.  

This nonsense about paying full price off the MLS and using borrowed money to cover the closing costs is very alarming.You haven't said that, but a popular guru has and he has sold a lot of "memberships" in the process.

A good local realtor will be able to guide you on the neighborhoods and should have deals available to you that aren't being listed to the open market. keep in mind intel facility is going to be a slow roll given the state of the company.. its not going to be like the intel fab in Oregon and Arizona that created massive RE opportunities

The market can shift, and suddenly the price you thought you'd get might not be realistic anymore.

Important metrics will be population growth and job growth diversity (avoids boom bust industry like mining or oil), population growth, new construction, and I look at median home price growth and rent growth. 

The price is decent; however, there are not many comps for the area. 

I don't even live there yet and I feel there's tons of opportunities.

Purchase price: $126,000 Cash invested: $10,000 1 acre property to be subdivided into three lots.

Lower cost of funds at higher LTV than bringing in investorsWith the right SBA lender, you can close within 30 to 45 daysBetter fixed rate pricing with 504 program than traditionally bank financingGenerally more flexible underwriting with SBA 7a, and the right SBA lender

I have an opportunity with an investor willing to invest in my rental business for another potential rental.