If it's an entity I've worked with before we may jump directly to the 10yr lease but generally I start at 3yr, and at each review we consider term going forward. 10yr is ideal. 

I’m ideally looking to buy that first property in San Diego.ThanksSounds like you're well positioned.

I attached some visuals to give an ideal of the type of area. 

The Greater Phx area also has more places to expand, but be cautious of "island" developments that are separated from bigger cities. 

With all the new development around the stadiums, it can be very lucrative and presents room for growth as the area continues to develop.

., Those don't equal business results as Google Ads is ideal for lead generation.

Ideally would be purchasing some land out there & using our building background to do something unique. 

And yes, the income from renting is still taxable, but ideally you are offsetting a chunk of that with depreciation which is a non-cash expense.You should read Amanda Han and Matt MacFarland's books as well which are available in the BP Bookstore. https://store.biggerpockets.com/products/tax-strategies-book...

@Jay HinrichsI currently develop in NC.

Also think about your ideal guest.