That is kind of why I wrote the rest of this post.

Since you didn't mention what kind of deal is it (buy&hold or fix&flip or something else), I can only assume it's a buy and hold.

If you're concerned about the fast traffic, maybe some kind of barrier fence along that side would improve things?  

Travis- We have played around with the idea of me living in the home at first (as we are told you need to be a resident for these kinds of loans) and then using airbnb to supplement as much of the mortgage as possible.

I've just about decided that I need to hop in the car as soon as I see something promising, drive by it, and make an offer if the thing looks okay from the outside.AND I need to work on getting an off-market pipeline running.I'd appreciate anyone's thoughts on this kind of situation.

I would physically visit the location and see what kind of figures your seeing with local rents and what job outlook / unemployment is in the area .

Better have a strong legal/lobbying budget as most incorporated areas won't allow such a use or at least actively discourage it.

I wasn't raised in the kind of environment that instills that type of knowledge, but I'm trying to correct that now.I'm completely ignorant to all of this stuff, and I could use some advice on how to find a home.

@Lucas Carl - that, kind sir, is definitely one of the options I'll explore.

As of now, my brokerage (once I do get my license) will be Remax because my friends mother, who is barely mentoring me, is helping me out, kind of.Thank you BP members for your time and your help.