This is next to a recreation center.3.debt to rent payment is good.need to check about rent loss.

They just completed a 60 million dollar recreation center, have a Costco, a brand new Canadian Tire and a Walmart supercenterThe city is very old and has many grandfathered multi-unit buildings.The city promotes density.

Real estate" is not one business or one type of investment, it is a number of related businesses or investmentsResidential, multi family, office building, warehouse, mixed use, retail, recreational, raw land, tech centersLarge, medium, small, microUrban, suburban, small town, rural, exurbsbDifferent states, different metropolitan areas, different cities, different neighborhoods, different blocks, different demographicsDifferent property age, different architectural style, different fixed expenses, different financing, different tenant mix, different tenant demandSingle net lease, double net lease, triple net lease, CAM, building allowances, rent holidays, lease length, buyout provisions, personal guarantees, lease renewal, cost of living increases, flat percentage increases, Different loan amortizations, fixed interest rate, variable interest rate, balloon payments, fully amortized, institutional loan, private loan, seller carry backBuy and hold, fix and flip, syndicate, partner, joint venture, self manage, professional manager, management company, leasing company, in-house leasing, real estate agent, licensing requirementsFederal laws, Federal regulations, state laws, municipal laws, rent control, eminent domain, set back requirements, utility easements, property taxes, special tax assessments, development districts, water districts, utility bondsPassive investing, active investing, portfolio income, business income, retirement funds, ERISA regulationsAsbestos, Clean Air Act, Environmental Super Fund, pollution control, water runoff, Flood plain, floodway, Flood control, Flood insurance, endangered species, wet lands Zoning, Planning Board, building permits, occupancy permit, community board hearings, noise ordinancesEviction laws, foreclosure laws, bankruptcy laws, civil liability, fair housing, tenant rights, disclosure laws, loan modification laws. 

I know my county will not allow someone to live in a recreational vehicle in the driveway or on a residential lot. 

By that I mean a town at the access point to some busy recreation area or National Park. 

There are facilities which recreated shipping containers to mirror traditional self storage buildings and they appear the same to the untrained eye.

If there recreational opportunities available and it would help bring tourist dollars and a few jobs to the area well so much the better.

Don't go cheap on either.I'd also want to talk to the septic pumping company the seller used to get a history over the last 5-10 years to see if it's been properly maintained.With recreational watercraft, consider liability insurance for accidents or deaths.The other potential zinger I see is flood insurance.  

Are the mountains close and other recreational areas?

“Notable” increases in annual inflation rates include motor vehicle insurance (up 16.9%), recreation (4.3%), household furnishings and operations (3.6%), and new vehicles (4.1%), according to the BLS.However, several categories actually saw deflation — meaning consumers saw average prices fall — in the month from May to June, the BLS said.