(Gas are more expensive to buy, but cheaper to operate.).

If you do not have those it will extremely hard to ever sell it to someone who will require bank/lender financing or refinance it down the road if you want to pull out cash on the ARV or future equity.The other rule of thumb is that you buy it New and that it was never on another property or location, simple built onsite or trailered in from warehouse. 

As far as I'm aware most credit unions will only lend on properties in their area of operation so not sure it makes sense to join one in a different state.

I say calculated because we are still within our first year of operations so I wouldn't be able to tell you what the actual average stabilized returns are until I have enough data.  

@Grace Norton adding to what's been written already, you'll want to get a 2-year work history for both.To consistently pay rent, requires consistent income, which requires consistent employment.Pretty simple concept!

Needs an owner-operator to manage. 

This is very simple. 

Although he is a banker, he thinks having the ability to operate as a broker and place loans with 30+ other lenders, in addition to his bank, is the "best setup."

But 3 years ago try to raise money and give returns on paying 100% cash, investors would not do it because the IRR s were not competitive to the max debt operators but we see the outcome..

However, a recent delay in its opening, now pushed to 2025 due to supply chain challenges and other logistical issues, has created a mixed landscape for real estate investors.Real Estate Growth: The Big PictureWhen fully operational, BlueOval City is projected to employ about 6,000 people.