Do you have a good team on the ground to be able to handle all of this since you're so far away?

If you have family there, that helps as you have boots on the ground to help research areas, homes, etc.

Lenders will want to see executed leases in place and commitments before breaking ground.

., cap rate is more of a metric to compare and value commercial properties.

Given that a comparable down the road just sold for $229,000 and spring is a hot time of year for real estate, her realtor probably gave her a fair estimate.

You may be able to rent a ladder that comes with a lift sled on it - you put some shingles on the sled, stand on the ground, and pull a rope.When I had the roof on my residence done, the shingles showed up the day before the roofers came. 

I'm just starting my REI journey also, but if you need any help with boots on the ground here in Tucson, Az message me. 

If you are paying 10%, that's pretty high compared to conventional 30 year fix at 5.25%.

Get some more data in your system so you can actually see if its working(compare round to round).

When comparing to deals in my areas, I would definitely say pass.