Lacking direction from historical operating trends, after figuring out what is separately metered and who is responsible for what utility, I would then use a combination of common sense and reaching out to a local expert to underwrite each applicable utility.

yeah... follow the big trend and mostly invest in stocks, not bonds (I'm in the late 30's and I still do invest in stocks 100%, not bonds).  

I am very interested in learning property trends in Long Island.

Unfortunately this is the new trend in reporting.

Both are more focused toward professional property managers, but they have loads of great information on investing, Real Estate trends, and best practices as a landlord.  

.)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors Percentages- Number of Building Permits Issued- Foreclosure Rate- School Ratings- Crime StatisticsWhen you consider all the variables listed above you will be better able to judge a locations tenant quality.Also take into consideration the direction in which each of these market indicators are trending.

.)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors Percentages- Number of Building Permits Issued- Foreclosure Rate- School Ratings- Crime StatisticsWhen you consider all the variables listed above you will be better able to judge a locations tenant quality.Also take into consideration the direction in which each of these market indicators are trending.

.)- Potential to sell your own insurance for your own facility units (legal hoops with this I am sure but a large number of facilities have this)Cons:- High price point to obtain a facility, you can't just buy a handful of units within a facility (that I know of)- Vacancy rate is relatively high at ~8-12%- Current supply trend for facilities is outpacing consumer demand in most markets- However, investor demand is very high which is driving up price/sqft of many facilities- Potential for turnover is higher with tenants, unless marketing towards businesses storing excess goods/supplies- Large facility with a lot of sqft to maintain and upkeepWould be great to get some feedback from you savvy investors!

.)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors Percentages- Number of Building Permits Issued- Foreclosure Rate- School Ratings- Crime StatisticsWhen you consider all the variables listed above you will be better able to judge a locations tenant quality.Also take into consideration the direction in which each of these market indicators are trending.

What is the trend of growth for the state and specific municipality?