Buying land is simple there is due diligence that you need to do but not a ton.

I know some investors have used ceramic tile in the past but have since steered away from it due to the cost and grout.

It sounds like you understand that you can only 1031 the real estate and will have to pay tax on the portion allocated to the business FFE. 

But tax benefit of MTR if there is difference between the 2 vehicle.

If the airport authority would deed the buildings to me, it would cause them to be entered on the tax roll.

Income taxes are a lot higher on rental income. 

Hey Robert - Condos and apartments can be a solid entry point due to lower purchase prices and potentially lower maintenance responsibilities, especially if the HOA covers exterior upkeep.

I exhibit and talk at them about available tax benefits and cash flow that too many miss.

What do you file for this "income overseas," do you file SChedule C self employed on your personal 1040 tax returns ?

This is what I learned: I could not deduct interest on personal loans so I ended up paying as much in taxes as I made.