However, I think even these returns will get eaten up as more investors jump in and good operators demand more upside for themselves.Yes, a bad experience in this sector of investing can very much be tied to poor sponsor/syndicator selection or offering selection.

Figure out what it’s worth if the solar offers fall through or the government subsidies go away.

We have a various government programs in all areas in Cleveland.

The government was very active in prosecuting creative deals after the great melt-down.

Because real estate get's greatest governance and impact at LOCAL level, not state.     

Realize efficiency and growth by use of technology; form a group that operates together with monitoring this sectors progress over time.

If you call someone from your local government (land use control board, planning, etc) they should either direct you to a website that has the published information or you could pick up a copy if the info isn't "flown" on the web.Most storage units I've appraised have been taxed as one parcel with the majority of properties being owned in fee simple.

The seller of the property won't accept government loans as well so a FHA is out the window.

My experience is in Alabama association law, but I suspect the principles are universal:  There is a hierarchy of rules for HOAs and just like government documents, a lower ordinance can be used to execute and make more specific a "higher rule," but can't contradict it. 

Unfortunately, that won't matter as  Fannie Mae and Freddie Mac, the Government-Sponsored Enterprises (GSE’s) that set the guidelines for conventional loans, which most lenders follow for other types of loans, too, require that a condo building’s master hurricane insurance policy provide 100% coverage of the replacement value for the building.