The added benefit of central A/C is a competitive advantage in the CT market where few units have it, unless very new.Mini-splits will definitely be less expensive for the tenants than electric resistance heat.

Main concerns would be to determine if there are buildings that are relatively Hurricane and flood resistant and picking an area I would enjoy living in. 

We're a super stable recession-resistant market though.

We are still seeing very high rental demand, and are even still in a very strong seller's market with high prices and few SFH listings sitting on the market for more than a week.Judging by how resilient our area has proven to be in resisting the things you've mentioned above, such as forced rent reductions and rising eviction rates, I don't foresee any reasons to think this trend will change in the near or far future. 

A nearby military base keeps the area stable and recession resistant, but it also prevents any real job or production growth here.

As always & especially now, key is to buy 20% or more below market & choose a "recession resistant" asset class.

What's the path of least resistance? 

Stan, your heart is pointed in the right direction but resistance is futile, as they say.

For the record I agree that storage isn’t as ‘resistant’ as like MHP’s but look but at 08-11 data and it faired fairly well.

Going forward, I think we will resist the urge to look at buildings that are out of our core focus.