My suggestion is to work with a local investor out there and learn the model by helping them to find properties first. 

The answer to those questions varies significantly depending on the type of facility (open, covered, enclosed, mixed), geographical location, competition, and local laws. 

I'd be more than happy to answer any questions you may have whether it be about local or long-distance investing.Mike

I’m local to Cincinnati & Dayton OH, I’m looking to partner up.

I have been reading the forums, listening to podcasts and reading books and videos for over 6 months getting very motivated... but living in Spain I have to transfer what works diferently and what works the same than in the US or UK markets that are where most the info comes from.I would like to get in touch with other local spanish inverstors and see what strategies work best here...

I am a local Realtor® in Orlando and work closely with builders in Orlando.

Networking with local professionals and leveraging value-add opportunities can significantly boost your returns.

So if your getting a warranty from Lennar or DR horton thats one thing if its a local builder that you really dont know their financial strength you need to take that into consideration.

It's the idea of Buy - Rehab - Rent - *Refinance* - Repeat.Selling your property would be a taxable event, too. 

3) Check out some of the local meetups that you can find in this forum!