That, coupled with a growing ex-pat presence, makes smaller coastal and mountain towns seem like a great place to buy land.

Then discounting that value by a certain amount or % probably makes sense, since a potential buyer may discount it due to the presence of the MHP (mobile home park).

Hi Kevin, I would recommend looking at reviews, online presence, and responsivness .

That should abate in the next 12-18 months, and as new units stop hitting the market at their current pace, Phoenix may see solid growth, especially as the market seems to have solid inbound demand fundamentals, good jobs, tech presence, etc.

Real estate offers tangible assets that can appreciate and cash flow, but your IT business could also have growth potential, especially if you find the right help.Considering a Hybrid Approach:Since you’ve got strong systems in place for your online store and rentals, perhaps a hybrid approach might work—slowly transitioning more time into real estate while maintaining a steady presence in your IT business.

You can help with stuff like researching the market, handling social media, or even just being a local presence for out-of-state investors.

Homes don’t appreciate as quickly, but the military presence here is huge and creates rather unique opportunities.

If it is good enough for my local building authority to get permitted, it is good enough for me.In both of these cases, it was the presence or absence of the all mighty built in closet that allowed me to execute these real estate maneuvers. 

You can set to only record motion, the presence of a car, the presence of people or record constantly. 

To add: you have a historically strong and consistent tourism presence, limited land/STR allowable areas, highly liquid property compared to selling a cabin in the woods, all 9 classes of visitors in the STR sector, and appreciation.