Remember, the people in the area represent the types of renters you will attract.

Hey y'all - hoping I'm dropping this in the right place...My family does new build residential design and construction as well as a fair bit of remodeling.

As I tell people, the hardest thing (in my experience) is finding attractive investment opportunities.  

And how much would a flood-plain designation (midwest rivervine--not coastal floodplain) drag down an appraisal?

Buying a house using an FHA will allow you to put only 3.5% down with a very attractive interest and no many limitations.HDFC will allow you to get properties for dirt cheap with a higher down payment and much more limitation.I'm looking to make the most profitable decision, what would you suggest? 

there are large old paper subdivisions in CA like this that were platted in the 20s and never developed its taken 100 years but they are finally starting to bring that land back into open space type designations  parks etc..

I’m a power engineer who’s designed, and trouble shooted systems large enough for oilfield facilities.

Also with this scenario you can potentially attract a better quality tenant because you are giving them more of what they want.

You need to build up your knowledge base and experience before even considering building a team because if you try to attract agents, contractors, etc. before you know much, they won't want to work with you.

This is exactly what these forums are designed for.