Looking on Google Maps (2017 images) I'm seeing some nicer properties on the street and surrounding streets.

I would write a $50,000 check out to say, 100 Main Street, LLC.

Just today, Green Street Advisers is warning about a deadly combination that may hit some rental markets soon - accelerating supply and decreasing demand, as the Millennials age out of renting and the following generation is much smaller in number.All of this militates for a very conservative approach to investing in apartments - exactly the opposite tack being taken by investors out there  "making" deals work.

Do apartments, but have a couple of clients that own strip malls.First, any type of property can get overbuilt, however, both guys are happy because:1) High traffic count and street egress and parking (kinda tough getting all of that in one place)2) Site exposure - You want ALL the storefronts facing the street and NOT a mall that is perpendicular (ie the short end) facing the street3) Get a good anchor (like major cell phone guys) that bring a lot of traffic to the mini-mart since they're there already4) Try to avoid some businesses like small specialty groceries by first-timers that stop paying rent after 3 months since they have no clue on how to run a store.

There is a driveway for parking cars as well as ample street parking. 

-This is the only available property on the street, others have sold between 145-155k in the past two years.

I agree, it seems that if "Wall Street" wants to take the market down today, it goes down, sometimes for stupid reasons, but then it goes up for the same stupid reasons, so you really wonder if its not a big racket?

If any of the previous questions are yes - you may have a competitive advantage over others as you may be aware of what streets are good and upcoming.

It was a maybe ten foot wide pathway from the street  to a 30 by 30 foot area with the graves. 

We are under contract on 3 lots and the city told us that the sewer is very shallow in this neighborhood and since the lots drop about 8' from the street our options are either build up or install grinder pumps on all three lots.