Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

It's always human nature to think so.  

If you're buying at the tip top of the market trying to maximize your leverage then naturally you will be looking at places where most if not all of their income potential has been realized. 

Legal egress windows are a must and help bring in natural light into an otherwise dark area. 

That said, valuations have been so astronomical for years, it may still be a tough sandbox to play in.To your questions:1) Home value for money, regulatory environment, local economy, low exogenous risk (i.e. natural disasters) and available, capable management nearby.2) Yes, but you are going to need management, good systems, and you are going to have to buy things that cashflow with some cushion.

Due to the complex nature of Self-Directed IRAs, it is helpful to have a custodian that will provide some much-needed guidance as you travel through the murky and confusing waters of the IRS tax code.Some IRA custodians have more complicated fee structures than others.

This growth is driven mainly by natural increase (359,114) and net domestic migration (407,913), which is the movement of people from one area to another within the United States.

Its terms seem to tailor toward natural disaster, such hurricanes and wild fire (thus language of relocations, etc.), as applicants will be location dependent to apply.  

@Daniel Sabato - Properties naturally appreciate in value over time.

What is the typical cost for something legal in this nature to be created?