If there aren't any good comps in the area, I would move on and not take the risk.

Good afternoon,I'm looking at a property listed for $52,000 in the 19134 area of Philadelphia, where similar properties are selling between $50,000 to $75,000.

We would love as much advise as possible in all areas of buying a first home.

I am partial to KC and there are only a few areas that I don't work in.

The rest will be leased.How do I determine and analyze a potential location for this development in terms of potential lease rates, vacancy rates, potential area growth, post construction value, etc?

@Carlos Ptriawan in a few minutes whipped out a post on self storage which I am familiar with.  

I locate in Bay Area and also consider OOS investing.

I'd love to become more knowledgable within the Land and new construction game but im coming to learn there are a lot of moving parts.

$34k/door, D class property in a C+/B- area How did you find this deal and how did you negotiate it?

If so, pursue local area prop mgrs.