It's tough to get new equipment.

USDA are the only secondary market loans which may include business assets, such as equipment and stock as additional collateral but are held, not really sold to an open secondary market, depends on the program and area.

(Refrigeration - Not Cannabis) (shame on you;)  (well we are in Oregon)We are buying a manufacturing and refrigeration warehouse with at least $10M worth of older equipment that we cannot use.  

The TI credits might help you freshen up the place and update some equipment.

When I speak of heavy industry I'm talking about strategic self sustaining resource production such as steel, capital equipment for construction, petrochemicals, among others. 

If it is a business that includes land/buildings as part of it (restaurant, factory, etc) then in a sale he can break out the real estate portion and exchange that for other investment real estate while paying tax on the allocation to Furnishings fixtures, equipment, and good will.All investment real estate is like kind to each other so a vacation rental is fine as well. 

My thoughts on the property: rezone for manufactured housing park, or turn into an equipment storage yard.

Added 3phase power to one of the warehouse buildings for tenant's equipment.

Tons of foresight and knowledge at your fingertips to make you far better equipped for the next project down the road.

A lot can go wrong in real estate (and life in general) and if you have reserves you'll be better equipped to weather the storm.