I'm lacking needed information to assess the opportunity - but I'd expect that if the place was fully leased to booming businesses, then it would not be for sale at a 10 cap.

The single-family market feels like it’s hit the brakes—demand has dropped, homes are staying on the market longer, and sellers are starting to adjust expectations.

Expect 12% and 4 points but can close fast. 

In some markets hotel lobbyist push for STE regulations to eliminate competition (I believe the competition is smaller than the hotels believe as many STR guests are looking for a different experience than provided by most hotels).None of this implies that I would not purchase a LTR that meets my profit expectation.

I’m curious if I’m missing anything to my list so far I have (per zip code) also I currently invest in the Lansing area.Projects in the next 10 years (expected start and end date) Average household income Crime score Average home price Population growth past 10 yearsWho are the major employers And vacancy rate Job growth Tenet demographics& government and taxesAs Drew said, this is overkill...and you're missing a few things as well. 

The home prices are high as expected, but the listed rents are very low -- $1100-1200 -- even in desirable areas like Uptown and South Mpls.

Expect to not get paid rent!

This guides decisions on property value, financing terms, and expected returns to ensure positive monthly cash flow and sound investment.

However, setting expectations at the beginning is CRITICAL and maintaining consistency is ESSENTIAL. 

If you go off general data like that you'll be off and rehab costs could be higher than expected.