Hi BP,I'm a local Realtor/investor to Sedona and find myself traveling back and forth to the airport in Phoenix a lot.

If you care about this societal issue you will be better served doing whatever that activity that is outside of your capacity as a landlord.

The more important thing is developing a local team to help you invest.

Here are some considerations for commercial real estate:Higher Income Potential: Commercial properties often generate higher rental income compared to residential properties, especially in prime locations.Longer Leases: Commercial leases tend to be longer (5-10 years or more), providing more stable cash flow and less frequent turnover.Tenant Diversity: Depending on the property type, you can diversify your tenant base, spreading risk across multiple businesses or corporations.Market Dynamics: Commercial real estate can be more sensitive to economic cycles and local market conditions, requiring a deeper understanding of business trends and tenant industries.Purchasing: Generally, commercial real estate will require 20% down.Choosing Between the Two:When deciding between commercial and residential real estate, consider these factors:Investment Goals: Are you looking for steady rental income, long-term appreciation, or both?

All real estate is local!

We originally purchased side-by-side lots in this neighborhood for $68k from the local MLS.

Local investor/agent here!

Talk to the local building official and get their take on the building's status.

When they do the exchanger will need to be whatever tax return is reporting the activity of the property. 

If so I would recommend local meetups and meeting folks from BP forums who are local.