I know a lot of investors from the west coast in California and Seattle, WA are investing in the midwest due to the strong cashflow and appreciation.  

We also dealt with this in the City of Chicago.

Henry great perspective on the container issues.. 

.... review the borrower's exit strategy! 

I just know that when we had french drains installed around the house foundation and redid all the drainage systems in the yard they were 4' deep and they made sure that the slope was sufficient for the task.

Find a knowledgeable and trustworthy broker in your market that can shop amongst the various providers and find you the best deal while still making sure you have the protection you need.

Prior to going pending the power is about 90/10 in favor of the seller after it’s us.

The big thing is to get started with a good, quality property.

How's the cashflow going so far?

Probably smart to take a break a couple of years of this market, I think you are coming back at exactly the right time - on the cusp of the next boom market