Also, one of the biggest factors in looking at comparables is the finishes of the properties.

Now I will admit the biggest mistake of my life was not keeping 50 or so more of the 500 or so I flipped, cost me millions.

Now this one will be super hard to distribute, so I'd probably keep it under one unit, the biggest one.

My brother and I are starting to invest on the side ourselves, and from all the podcasts we've been listening to, we want to make sure we are doing things the right way to take advantage of any tax incentives.

Your two biggest risks are underinsurance and liabililty.I had a cabin burn to the ground a few years ago in the Gatlinburg fire. 

Primarily with creative terms but also general strength of buyer position has resulted in considerable discounts or investor incentives particularly with transactions involving healthy cash portions of 1031 Exchanges. 

Your biggest issue is simply finding inventor.

My biggest recommendation is to get an experienced partner on your first 3 or 4 deals to keep you from making as many mistakes.

I would say thats the biggest issue I have when it comes to these multi tenant commercial/industrial flex warehouses. 

Operational efficiency is also crucial; optimizing operating expenses and implementing tenant retention strategies, such as lease renewal incentives or adding desirable amenities, can stabilize your cash flow and reduce costs, helping maintain profitability even if rents decrease.Investing in property improvements, such as value-add opportunities and energy-efficient upgrades, can command higher rents and retain property value better than average units.