Appreciation often runs in the 2% to 4% range annually, but appreciation can be forced in commercial by adding value.

Government can changes laws etc and you cant do jack squat..But I general living in North America the IRS and CRA likes to stick their nose into peoples assets especially foreign real estate.. this simple fact tends to steer me away from wanting to own any properties abroad.. bc it almost forces you to revisit when instead you can visit other places around the world..

If the answer is "nothing"... now imagine there are other investors in your market that are ACTIVELY focusing on this..Would you EVER be a force to be reckoned with?

This May my fiancée and I graduate college and will commission into the Air Force.

This negotiation strategy forces them to say a number first and their response will tell you if they are reaonable or you need to get rid of them.

Like you, I also started with rentals and then gravitated towards more passive investing (private lending). 

@Lilach AdoniMany of the properties attached to country clubs have restrictions on rentals and/or transferring your membership amenities.It is worth looking into the financial viability of the country club itself; the developments with many houses and forced membership with mandatory transfer fees seem to do better than the boutique clubs with far fewer homes and/or optional membership.Also, keep in mind when you go to sell, the buyer pool is drastically reduced and generally makes these properties less liquid.

Just not sure if the cost to forced equity is worth it for a Carport vs. a garge. 

Moral of that story is that the trades work force Is aging, nobody is filling those jobs.

The only way someone is getting into one of my property when a guest is there is by forced entry or if the guest leaves the door unlocked.