The main reason is labor, and the cost to live around this area is not cheap, so skilled labor demands high wages and benefits. 

I suggest you look into commercial lending, to learn about it before you require it, and start looking for people in the lending space who can assist you as you move forward and with whom you can develop relationships.You now have mad skills and experience doing the whole demo and rebuild, and if you can repeat a few times, your one deal enables you to add a couple others.  

A few things i've considered doing next is finding a quadplex, investing in an RV park, investing in medical offices.What should I do next?

We now budget for vacations, home improvements, car savings, medical savings, Christmas fund, etc... 

Evaluate the business, financial, analytical, and “people” skills you bring to the game.  

With Nomad, you're paying a lot of extra money for a guarantee that is not necessary with skilled and experienced property management combined with masterful recommendations for property condition; i.e. what a property needs in order to be rent-ready to the degree that qualified candidates will be attracted to rent the property. 

There is a ton of new/newer construction around there that has come online the last 2 years in the medical district and most of those buildings have had real challenges.

Since you’ve already gained experience with partnerships and deal structuring, those skills will serve you well in any path you choose.

The completed expansion is expected to reduce travel time from Mobile to the Eastern Shore, increasing reliability and accessibility to jobs, educational facilities, medical services and recreational activities.

I'm currently reading The Book on Rental Property Investing and honing my lead analysis skills.