After 10+ years in the industry in my market I ventured out and opened my own management company (TruHome Property Solutions). 

This is because you have to furnish and pay utilities that you wouldn't in a standard renting situation.

Here is a real world example:http://www.loopnet.com/for-sale/chicago-il/retail/...and anotherhttp://www.loopnet.com/for-sale/chicago-il/retail/...Cap rates in the Commercial / retail/ industrial world are calculated as follows:Net operating income ( again this will assume no debt ) divided by cap rate = valueTalk to any CCIM Broker and they will verify this formula. 

Most industries aren't like that.

Pennsylvania has a big logistics industry, Ohio can offer strong cap rates. it honestly depends on the investor, what they like, the industries they believe will support the security of their purchase, the distance you are willing to travel, the amount of passivity you want in the investment you make etc. 

I would not invest in locations where the military is the sole “industry” in the town.

Hi Joshua,I'm in the solar industry and I think it would make a difference whether the loan is help privately or part of a public program such as PACE.

Then we factor in utilities & setting money aside for payments, probably close to $900-$1000.

Utilize the BP calculators and find a reputable general contractor who has done several flips.

Hey Bigger Pockets Community I'm looking to utilize the BRRRR strategy as my vehicle for investing in real estate.