The largest site is about 1/2 way through building a second phase the size of the first phase.All within 10 miles of the power plant.In Commercial or industrial development, you would need both the track record of success and also the financing.  

I'm in one of the cheapest building markets in the country which is Columbus Ohio and cheapest land and the problem is lack of new construction in our market on the multifamily side. zoning and land entitlement gaps are the largest problems

During the summer months there are a few events, functions and festival type activities going on so you get a few bookings around that.

The Austin metro market is approaching that territory.Here are the full stats for Austin and the greater metro:On the rental front, a recent Redfin report placed Austin atop the list for the largest year-over-year decline in median rents among US metros:Appropriate rental pricing and high-quality marketing are vital to navigating the current leasing market effectively.

This is a logical function of market forces. 

For overnight rentals, functionally it is a bedroom.

Of course we are the largest brokerage by agent count also. 

@Richard Benjamin Wilhite, @Bill B.makes some good points about loan terms and the strict identification rules for a 1031 exchange.I would add from a tax mitigation perspective that buying the largest property possible will give you the greatest amount of cost segregation possibility and at the lowest cost since it would be one study rather than several. 

I'm not saying you can't make a decent return on rentals - I and many others here have done great with it - but if you have a well-functioning, profitable business that you know, why would you gamble money into Memphis *******es, to put it bluntly? 

But he chose that one over the others because it was very user friendly (for our older managers) and it offered a 'Groups' function where we could add certain individuals to different projects.