100% the recipe is there and it's a cooking away but, I fear we are tapping close to a glass ceiling and when you get inflationary action like that and limited financial capacity of the populous that all spells Stagflation, and that's the looming fear I see on the horizon. 

Surprise AZ (just out side of Phoenix) has seen as 250% population growth in the last year.

I’m into growing affordable markets over 1M in population.

I personally go for affordable markets that have a large population.

The property is in rural Missouri in a town with the population of 4000, so small.My question is, what do you suggest my options are regarding a private road 1/2 a mile in  length with  about 1/2 an acre of grass in the center to be maintained and possibly snow ploughed 3-7 times a year?  

Check with your CPA to get all the rules.Focus your new investments in affordable housing in areas that have a diverse economy with a growing population.

A new investor trying to narrow down on markets, I have had some great conversations so far but not one area has really spoken to me.Is the number one factor you look at job growth, population increase, etc?

I look at the DISCERN method, demographics, income, schools, crime, expansion (population and income growth), rent levels, and neighborhood indicator stores.

Besides that "numbers first" mindset, I'm kind of out of my league.My gut says I shouldn't move on these specific properties, because they're in states that are losing population and none of them are in the best part of town.

What this doesn't account for is the amount of units that have been knocked down or the population growth and demand for new housing.With record high material pricing and labor pricing, I would be surprised to see a big uptick in new construction.