Which is cheaper to close is also a factor.

This is a huge factor when determining your wholesaler fee.

Is there any other factors you would put into play that I might be missing?

Another factor is your access to bank funds if the need arose. ie, a HELOC, etc.

It's important, but not nearly the most important factor to your success.  

We've focused on Buffalo, Rochester and Columbus markets for a variety of factors but mainly due to proximity to CAN, purchase price for cash deals or using LOC, CAP Rate, steady rental markets for cash flow and ROI down the line.

We just need to factor in any new regulations that might be coming from the city government.

@Charles Seaman, 30% is a good rough estimate for a tenant-owned, direct-billed park as there are plenty of factors that go into that # (e.g. - $200 lot rent vs. $300 lot rent will skew the %).

@Kumar Gaurav if it is returning cash after you factor in a PM (even if you do not hire one) then it may be a good idea to keep it.

By definition hard money lenders are based around the property, but all of the factors he mentioned are important.