.- Diverse Property Portfolio: The area seems to have a mix of both residential and commercial properties, which could allow for diversification in your investment strategy.Strategic Location: Shelby's proximity to global markets via nearby airports, rail, and port facilities could make it attractive for businesses, potentially driving demand for both commercial and residential real estate.Potential Challenges- Economic Concerns: The unemployment rate of 13.0% is relatively high, which could impact the overall economic stability of the area and potentially affect real estate values and rental demand.- Price Discrepancy: There's a notable difference between the median listing price ($295,000) and the average home value ($201,945).

If you can build fro around 200-250k per unit, it may seem attractive, depending on time frame, debt terms, and the ability to achieve 2k per month in rent.Great product to build.

Operators that are open and able to offer combined usages for slower seasons, such as mid term discounted extended stay rates in the winter, can improve lower estimated production in the off-seasons. 

By capitalizing on financial stability and perks, one can establish a solid foundation for real estate investing.

I fall into the badly camp (so far until the property stabilizes after 2 to 3 years),  lots of repair issues.

., 2-year terms) can create more stability, and some tenants might be willing to agree to a small increase in rent in exchange for locking in rates.

The toilets flush fine if there’s no paper products in them.

This shift aims to avoid the high costs of renting temporary locations as the company focuses on stabilizing its business after emerging from bankruptcy in 2023.Meanwhile, Spirit Halloween is expanding aggressively, with a record 1,525 pop-up stores for the 2024 season, offering immersive experiences with animatronics and interactive displays.

Long road to property stabilization with multiple leaks from roof and facade being the major issues we dealt with.

The only thing it provides tenants is a little stability and if they are forced out, most places require the landlord to compensate them.