You tend to get a better and "truer" answer from forums like BP compared to even newspapers or journalism.Only Twitter is a serious competitor for BP imo.

Find the best outfitted properties and compare them against the less amenity rich. 

I would analyze the market, understand the target demographics based on comparables, and decide from there.

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. 

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.

In today's market, with low foreclosure discount compared to past buyer's markets and a lot of "motivated buyers", the risk/reward ratio keeps me far away from the courthouse steps. 

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.

Compare last year's average income to this year's averge to ascertain stability.Suggest you schedule Zoom "interview" with applicant when they are at current home.

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.

But comparing rates on commercial (non standardized mortgages) is like asking what’s the price of carpeting without specifying the quality, type, color, installation, warranty or anything else.