The greatest value is definitely intrinsic and peripheral.  

Peripheral work to separate lines that service two areas from one panel can get expensive.I upgraded one of my services from 100 to 200amps for $800 (materials) because the town did not require a permit, but I had a State Inspector sign off ($54) after the work was complete.

If you are willing to venture to peripheral countries around Travis county there are tons of opportunity to find some good opportunities.  

But borrowers die, they become incapacitated and others may end up standing in their place to wind up business, so from the lending side, it would not be wise, IMO, to simply have a usurus note.State law should be investigated with peripheral laws as well, references to usury within any state may include tax law, commerce and other secured lending requirements where they may become applicable.

If you're worried about appreciation I would be very picky about buying in proximity to something that make it a desired location, and I would not buy in a peripheral market where new construction is essentially only limited by the cost of construction.

Overall, I worry the demand will weaken for the peripheral markets around Bend if the overall market softens.  

To my understanding, in previous years Section 179 only applied to 5 YR and 7 YR Personal Property; which includes vehicles, computers, peripheral equipment for 5 YR and furniture & fixtures, machinery, and equipment for 7 YR. 

Examples include office space, machinery and equipment, vehicles, computers and peripherals, and real estate.Besides renting the assets personally, you may use a multiple entity arrangement such as partnerships, S corporations or limited-liability-companies to rent the assets to a corporation.

I am certainly not in the hyperinflation camp, because historically that has never happened with the core currency (U.S. dollar), only peripheral currencies.

On that note, I'm not endorsing this by any means, but I'm finding it extremely interesting and I intend to keep it in my peripheral.