Hey Mitchell, I recommend you checking out the Cleveland market. 

There may be tax implications to that maneuver, so check with a CPA.

Check your model to see what works and how much you are willing to accept.

@Sebastian Nadal for background checks, I use stessa/rent prep that’s available to us through biggerpockets tools.

Since you can’t do a formal inspection, a detailed contractor walk-through and phased renovation estimate are key.Have you considered checking city records for past permits to uncover any unaddressed issues?

I would simply hire a good civil that has done development in that jurisdiction and pay for a feasibility study and let them run through all the check items.. but thats really just the start.. also for context .. these projects require 350 to 750k in CASH up front to get to approved plat status ..

This means there are no checks and balances to ensure all transactions are entered correctly.

Check your state laws on tenant abandonment - then follow them.You can choose to be more aggressive, but make sure you understand the risks!

@Jeff Landers Kindly check my message.

I personally recommend checking Columbus OH - lots of job growth, population growth, and major companies moving and developing here.