@Erik Hatch You make a great point that financing could be difficult to obtain in properties that do not have any tenants.  

So I would add a banker/lender to the mix and make sure that if you do all of this you will still be able to obtain the financing you are looking for.Hope that helps and congrats on the rapid expansion

I'm in the process of obtaining a credit card to start building my credit score but after talking to lenders that will take me some time.

I now feel it much better to accept a lower return to obtain a lease that provides for rent increases tied to the CPI.

Agent will obtain Owner's approval for any maintenance and or repairs that may exceed $200.

I am interested in learning about your experience in obtaining such a low interest rate.

Therefore holding properties in an LLC requires that you obtain a commercial mortgage. 

I am trying to think creatively here on how we can generate some income from this to office some of our carrying costs until we find the right buyer...hence the billboard idea.Here is a little about he location:- Back of property has clear visibility from major state route with INDOT listed traffic counts of 12 to 20k cars / day- Property is located on a slight curve, so cars traveling north will get prime exposure (though this may prevent having usable space for southbound traffic)- No billboards in the immediate area with tons of major retails present (i.e. tractor supply, Holiday Inn, Menards, etc.)So in addition to checking the City / State to see if I could obtain a permit, what other advice / insights do you have?

The listing agent can obtain surrounding rental info - an idea if it's a high rental area, what the rental  rates for that neighborhood are, etc. 

Hold half of the money and use the other half to build up credit so that we can obtain a reasonable interest rate on a bank mortgage for an investment property or another home while using this home as a rental5.