All kidding aside, by the wording of your question you need to do a lot of learning via books, resources like BP and in real life first.

Look at the rentals that are comparable and base the rent off of those numbers. 

No offers in this market is typically based either on price or practicality.

We made some adjustments to our pricing earlier this Summer 2022 to reflect some material pricing changes that we have seen.With that said, construction pricing can vary substantially based upon many factors including the project location, property type, specific SOW, material selections, contractors used, season of the year, etc.In fact, pricing can vary substantially from investor-to-investor and every investor will have different prices they use. 

Uses that also target the business incubator residents/visitors and remote workers might work, e.g. many years ago I'd thought about doing a sort of subscription-based co-working space - something of that sort may do well initially, but may be much more successful in about 5 years as the area continues to redevelop.Current resident population within 1/2-mile is lower-income.

Returns are heavily based on how levered you are. 20% down performs better than 30% down in terms of overall return.

. - It's a long term game.

It's definitely possible but the bank would probably also provide some pushback as they want to see the operator with skin in the game.

Hey Nick 👋 although I’m not an expert on both markets - based on your goal being appreciation another factor you may want to look at is migration trends.Redfin posts data on migration trends by city.

There is no recorded lien, but that debt is attached to the title of the property and its based on not the sale price but assessed value (because of the passage of time since the death of the owner) and also based on WHO inherited.So, you buy a property at tax sale for $50k thinking you got a nice deal, BUT the heir to the property was a nephew and the assessed value is $200k.