In addition, I know some tax incentives were provided to Embraer Executive Aircraft to attract them to come to the area.Also, Northrop Grumman has committed to building a large engineering facility that will be bringing 1800 jobs to the area around 2017 and rumors are that a large yacht manufacturer will be coming to Merritt Island.  

Interested in Assisted Living Facilities for the Aging population.

Instead, I bought a small house(relatively speaking) and a 557 unit self storage facility, for my other toys!

I do not know if there is a need for it at this moment vs say a 16 bed facility. 

True, historic cap rates can be misleading in any property to an extent, much more so in residential less with a low maintenance commercial property, take a self storage facility or a ground lease on a drive-in theater....oops, not many of those left, LOL.

Sanitary facilities and a safe method of sewage disposal.

Diversify portfolio with investment in Self-Storage facilities.

We live in a rural community which has some small barriers to extended stay facilities (drivable, but is it reasonable for the tenant and their work?).

i'm a newbie from Italy.I've been listening to the podcasts and looking around in the blog for the last 2 months, so I at last decided to write.i'm currently about to finish university, and starting my own business.i have saved up some money for me to create some kind of passive income, and after screening various possibilities i've decided that i want to invest in RE.my idea was to go into rentals, but my sitaution right now is that my business seems to be close to take off and in that case i would have to start put more time into it and travel around the world, so i wouldn't be able to be present as a landlord (for this i'd have to clarify that in italy we don't have property management companies, the position just doesn't exist, or so it came up in my research).I did some more research and i aimed more to turnkeys in Europe, since i still want something kinda close that i could go and visit for a weekend if i ever wanted to.i did find a few companies that propose turnkey property but here kicks in my italian distrust :i found deals for 45-70k for service properties (specifically units in hotels an care facilities)the website advertises 10% NET ROI GUARANTEED (in some for 10 years in some more)it GUARANTEES as well a buy back option from the developer after 6-10-15 years at 110-125% of the purchasing price.now the deal seems legit, i can kind of understand that if p.e. the hotel i'm investing in pays 500/month to me for the rent, then he sells the single room for much more, thus their gain.i run the numbers, and here's what's throwing me off:it really seems too good to be true.i've tried to do some digging but i didn't find any information on any blog about this company, and the company doesn't list any reference for privacy policy (they say they provide some upon request).now after all this,do you have some tips about how to do some kind background check on the company/deal through internet or other means..?

It has strong retail and some light manufacturing facilities as well.