Infrastructure is expected to be functional as designed.6) When it comes to tenants, believe NOTHING you hear, and half of what you see. 7) Establish and maintain an appropriate reserve fund, after assessing the physical plant and developing a long term PLAN.8) You can be friendly with tenants, but don't MAKE friends.

Plus the local community to that house is building a new biodiesel plant which is offering a large influx of jobs (250 already jotted) and the current population is only 9k.

Cleaning up the exterior, planting sod, and strategically cutting down trees in the front and back yards added significant value.

I got a call from workers that were scheduled to work a shutdown at a local Nuclear Power plant.

Cottage grove has lots of blue collar industry, Minnesota Mining and Manufacturing (3M) has a plant there so you will probably always have renters.http://www.3m.com/3M/en_US/plant-locations-us/cottagegrove/

Storage FacilitiesThe self storage industry is one of the most resilient asset classes within the real estate investing community.

I'm an investor in Lakeland area to Brandon area as I live in the middle in Plant City.  

They are the people you see working on the large steel erections at a petrochemical refinery and associated nitrogen fertilizer plant.

Furthermore, Intel is spending 20 Billion dollars to build two semiconductor plants, and many more great things presently and coming in the future.

If I plant a seed (i.e. buy a first property) in that second market they'll get a commission and likely more down the road because I always want a "big enough footprint" to justify visiting it.