The deciding factor is now to review the particular program and their specifications.

I figured that the paper would be slightly undersized from the factory so I measured the middle for both length and width on the actual and sure enough, it is just a hair under.  

But it sounds like you're saying it's possible after a certain period of time to transfer it into an LLC and that the liability factor is the key reason? 

Come tour a live/work loft project in Oakland on 10/29.This is a 21 unit live/work loft development converted from an old cookie factory.

If you did split some of your properties for the "competition" factor, I would imagine this would also be a temporary thing because a clear winner would most likely show up between the two and you would move all of your properties to that one company that is doing a better job, you feel more comfortable with and trust more. 

My guess is that if you sold it off-market to a private party it would matter less, but then you'd have less exposure of course.The biggest issue I've noticed about properties where the zoning is odd/unusual/not what you'd expect based on the current usage, is that often they are in very not-great areas.For example, the property you're talking about, would not surprise me if it's on a short street and next to or across from an abandoned / boarded-up factory, railroad tracks, etc. and all the properties on that short street are either vacant or in rough shape.I'm not just being pessimistic, I've researched a lot of properties and the few times these zoning mismatches pop up, seems more often than not to be a situation like that.So to me the issue isn't the zoning per se, it's that the zoning itself is an indicator of something else that's less desirable about the property, such as what's around it.The Providence zoning code is online and in the Industrial Districts section defines Light Industrial (M-1) as: "The M-1 light industrial district is intended for light industrial and office park uses that accommodate a variety of manufacturing, assembly, storage of durable goods, and related activities provided that they do not pose toxic, explosive or environmental hazard in the city."

Check out Ritzcraft, a modular home builder in Michigan that offers duplex and triplex units preassembled in a factory.

We recently had a company open called blueprint robotics that does custom construction in a factory setting like a pre-fab manufacturer.

If you want to see demand for real estate then the key factor is appreciation which means that demand is outstripping supply and is causing prices to appreciate.

They put a Walmart, Dick's Sporting Goods, Burlington Coat Factory and a bunch of small stores and restaurants.