Moreover, office spaces often face more competition, especially with the rise of remote work and changing demand in the market.On a personal level, I prefer industrial real estate for several reasons.

People come to me to invest because I've shown over several decades that I can produce results, and when the market doesn't go our way and results are difficult to produce, I've shown that I can achieve the best outcome possible and weather storms without losing people's money. 

There will be more wear and tear and multiple headaches with several different renters.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

I’ve run the numbers on several different MHP development opportunities and I have always found an RV Park would be worth more on the same land for the same cost usually.

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

So most agents are only putting about half of that $12k in their pocket, and out of that $6k they have to cover all of their operating expenses: licensing fees, MLS/ Realtor Association fees, continuing education classes to stay compliant with licensing requirements, monthly "desk" fees/ technology fees to their brokerage, health insurance for themselves and their family, errors and omissions insurance (required), marketing, car, car insurance, gas, clothes, computer/ software, cell phone, closing gifts, signs, photography, staging if they offer that, etc.

I have had several cases where I finally got cops or government officials to only do their job after being very loud to the newspapers, but it does work.  

While the property's location was desirable, it was evident that the house had been neglected for several years.

Several factors at play: the sales market has been slow so many would-be sellers are converting houses they can’t sell to rentals, lots of new construction units have been completed recently, and in-migration has slowed down a bit.