Within IT though I would also recommend, on a lifestyle and time basis, that once you have a certain number of years under your belt as a technician, say 4 or 5 years, I would shift gears from the technician route and use that background to get onto the project management path. 

Typically in our space closing costs are around 3.25% - 4.5% when you factor in origination fee, escrows & title/recording fees. 

Think in terms of dollars needed to cover your lifestyle and work fast to get there. 

As some others are saying, it’s not just size and price, location and other things are a factor.

The question becomes how low do you need the cost of living to drop to win, and what lifestyle do you want? 

I guess I did not factor or consider that appreciation would be pretty important factor for refi If I went this route. 

With that said, I'm looking for advice/lessons learned/etc. from others with experience with industrial investing (either specific to the factors I mentioned above or just general advice/tips would be helpful as well). 

There SHOULDN’T be enough difference in price for that to be the deciding factor.

if you're Purchasing 10-30 Year Buy & Hold Multifamily do you factor in Future Interest Rates?

If your basic expenses are $1125 and rent is $1200+, you haven't factored in repairs, vacancies and maintenance.