I also have rentals in Detroit that I get far higher rents with cash paying tenants than I would a section 8 tenant.There are a lot of factors at play and the answer to "why would the government allow our tax dollars to be spent this way?"

Role-playing.     . you paid $300k 10 years ago, it’s worth $660k, (so when you sell you net $600k to make math easy.)and your cpa determined that you owned zero land, so it’s all depreciatable. you owe 15% on the $300k gain plus 25% tax on $109k depreciation recapture, so you owe $70k in federal taxes, then California reaches out for another $30k?  

In a way it sounds easier to me than investing in my business, because I've struggled scaling my business with paid ads (which is the main investment I could make on it) and because with real estate as long as I don't try to play smart (by buying a foreclosure or a fixer or something inherently risky) and if I keep it long enough, then chances are that it would make money in the long run.. don't you think?

And in part, it depends on the investors and capital that you have access to (this tends to play a factor in many decisions when raising outside capital).If you do want to go the fund route, you might want to consider using Avestor. 

As it is when money is at play.

I am far from an expert in this field as I have been learning alot myself but cap rate does play a role in your type of business.

I see it as most people are so wore out from being at the parks all they that they pass out and get up early to do it again.I don't even turn on the TV when I'm there.Kids have tablets to watch their stuff and play games on.

I love the Smokies as a long-term play.

As you mentioned those specific details about MTRs geared toward traveling healthcare professionals, these are things I think would help us tremendously as landlords because we play both roles.

And virtually all of them had owned rentals and maybe kept a few but were just tired on the TTT but wanted monthly cash flow . so there probably is some of that at play as well Investors that dont want to deal with the PM aspect of owning RE..