I might have a perspective that might be helpful since we'd be attempting to achieve similar objectives (invest in a less cost prohibitive area with good returns). 

Growth markets don't appreciate if new construction is not prohibited. 

The states haven’t outlawed or prohibited “ wholesaling “ in any form, although that may come later.  

So, it is in the seller's best interest to return all deposits to avoid any lengthy court process that prohibits him from re-sell his property.There is no shame for using your brain for backing out and only a fool continues with a deal they don't want because they don't want to be embarrassed.

A housing provider that imposes a blanket prohibition on any person with any conviction record – no matter when the conviction occurred, what the underlying conduct entailed, or what the convicted person has done since then – will be unable to meet this burden."

This is pretty consequential in the early years of building wealth and will prohibit you perhaps from spending your discretionary dollars elsewhere.

If businesses (read: Jobs) find that the cost of water is too prohibitive and they move out of state, that will definitely affect not only the population, but all assoc businesses.5.

Aside from you not being able to take on more than one FHA loan it shouldn't prohibit you from getting another loan bc it actually is for your primary residence (after all you are moving into the new home). 

To run a REIT often requires so much spending on operational cost, fees, etc. and they are so diversified as to render your return significantly lower, for me prohibitively lower, than investing more direct in the asset, either through an LP with a reputable and very experienced partner or directly.If you define "safe" as being so overly diversified as to generating low returns...you may be right! 

Personally loaning money to your IRA... is an extension of credit prohibited transactions."