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. 

This may be on the more conservative side of hard money but it's just something to factor in when trying to see what you can do w/ $100k. 

I think it's Probably takes 6-12 Months to achieve Market rents. that's a Good Point to factor in my effective rent into Credit loss or loss to lease in my First year.