The property located in Peninsula with attached garage. 

As for the remote locations, I've considered Indiana and Michigan because I do a fair bit of traveling there for work and know that I'll be able to check in on the properties periodically and meet with my team on the ground. 

@Andre WilliamsI'd interpret that as yes the land is where the value is based on it's location.

It is tempting to think of exotic locations when it is all a future goal.

It's right down the street from the meeting location, if any of you can make one or the other?

I would rather overpay a little bit for a nice property in a great location, then hunt for some super deal on a so-so property.

A lot of this comes down to location though.

I'm sure this has been talked about extensively, but is there a good template somewhere on BP that has a lease template?

I'd prefer Central NJ location, Middlesex County.

Foundation issues, location (located near heavy traffic road and neighbor with poor maintenance), incorrect comps ("House wasn't part of the better subdivision"), etc.