I did call the local utility and asked about the availability and location of water and sewer, which available and proximate.

I may not be reading into this right, but OP are you asking about Yard signs , physically in YOUR yard or an area you are working?  

Anyone here in the same area (or close proximity)?

I was pointing out one significant difference in appraisal for FHA of 3-4 Family; In addition to physical/current code appraisal inspection the property has to sustain itself, meaning 75% of rental income has to cover monthly mortgage payment.

I'm sure this is pretty rare but for those of you that started with notes or maybe bought one or two properties then made a full transition to notes, I'm wondering why you chose that route?  Or maybe there's a person ...

In short, I'd run my numbers both ways; 1) basic facelift, and, 2) update rehab, to see which makes most sense.Market rents depend on a number of factors; safety, proximity to employment, public transportation (if applicable), features, options, finishes and amenities. 

There are several data points that come to mind – population growth, employment, crime rate, % owner occupied, school ratings, and proximity to desirable amenities.

I’m just curious if we should schedule a physical inspection when we are visiting family in the area later this month. 

Future growth due to fast lanes coming to Fredericksburg and proximity to Mary Washington college.

I just can't imagine feeling comfortable leveraging myself that heavily, going into the negative to acquire expensive, highly concentrated, physical assets.