Not to mention the economic development steps the town is taking in ensuring the growth of town (roads, schools, zoning) stays on par with the future expected population growth and new jobs that are going to be a result of the new factories opening.  

I expect to get $2,200 a month for rent and will manage it myself.

If you do find a money partner, expect to do all of the sweat equity and manage the deal.

@Ofir R.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

After pointing this out, I would have expected the cost to be eaten by them.

It's mostly Class A properties, a few Class B.You may find the below copy & paste info useful in addressing your question:----------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Given the $100 figure for ground floor, I'd expect an adjustment more like $10 a sq.ft for basement.

For longer stays, you can set expectations in your listing by clarifying that guests are responsible for restocking once the provided items are used up.

I forgot the poster, but the McDonalds man needs to get a taste of this reality.2nd point, rise before they trend back to where they are now is my expectation. 

As expected, consulting with your CPA and the qualified intermediary (QI) handling the exchange is best advised.