Essentially, the wager would be that the state, its capital, and the surrounding areas make a comeback in the next couple decades. 

It is a multi unit property and our family member who owns it now wants to sell versus let someone in the family take it over.

I am trying to figure out how best to make my money work for me versus having it tied up.  

I’m in the process of closing on a duplex and the appraisal came back where it identified the property as being built in 1972 versus 1982, as was listed on MLS.  

More SFR's in the USA are DIY managed versus PMC managed.So, there's your answer:)

When there is a high percentage of renters versus owner occupants in a community, the end buyer financing options can be very limited.

You want “interest only” and not principal for a portion of the rent up period.13Financing- long-termIf your going to grow, unless you have significant capital at your disposal, find a future business partner.14Business ModelI’ll clean up and post one of my spreadsheets later.15Construction:Use local knowledge/availability16Permits17Building type18Building manufacturer19Contractor20Day to day:21Rental ContractPost a “Topic” on this Forum and ask for some copies sent to you.22Rental RatesZagreb’s GDP per capita is $19,132 versus where I live $60,246 metro area of 1mm.

See what credits they give you versus the usage you will have. 

A checklist of sorts so I don't miss anything with existing tenants versus brand new tenants?

The other difference is tiny homes are sometimes on owned land, versus rented lot.