These tend to have higher profit margins as compared to other real estate options and the land comes with the purchase unlike the laundromats I was looking at whose facilities were leased.

Any what near by towns have comparable appreciation potential to Orange City (Sioux Center, Le Mars, Alton). 

The townhome from the 70s, with some rehab, could offer immediate equity if you can purchase and renovate it at a lower cost compared to the new development.

You might find that "saving" on taxes is small compared to what the property might be worth (talk with a trusted real estate agent who knows the area and can give a projection of property values).Don't forget to factor in closing costs (real estate fees, pro-rated property taxes, etc) and take into consideration your other income and/or investments. 

Where did you get (besides Chatgpt which is where your post was written) that conservatively real estate could more than double compared to retirement funds?

Yo Wayne,As a real estate agent in Sacramento that works primarily with investors, I can tell you that the ratio of rental income to property value is much higher in the Central Valley when compared to the bay.

However when you compare that number to the 19 million+ tourist that visit, the crime rate is actually low. 

With the right aggressive marketing there are many opportunities with tired landlords but would require more time compared to searching the MLS . 

How are the prices compared to presale prices?

Petersburg and Tampa real estate market compared to buying small multifamily properties like duplexes.#1 Better Location Selection:Single-family homes with ADUs provide more flexibility in choosing prime locations within these markets.