Basically you are selling yourself, not the arbitrage.

This imbalance intensifies buyer competition, driving up home prices as demand outstrips supply.2.

Having watched many prior co-workers get paid, cash their check at the casino, and promptly deposit it all into a slot machine I can tell you with pretty good certainty that casinos don't have a positive effect on disposable income and good use of the existing income in the area surrounding :)Are there solid local employers OTHER than the casino in a 15-minute drive? 

I'll drive you down the streets of Lehigh acres where they build and show anyone the gap between market rents (real asking prices) and their pro formas 

Right now the only utility at the garage is power so basically I am starting with a frame and a roof. 

Again, if you learn some of the basics, you won't be so nervous about the problems you will eventually face.Start with BiggerPockets Ultimate Beginners Guide (free).

Basically gentrified an old neighborhood.  

Geographically speaking anything you could drive to and from in a day would be a great start.

Low prices enable more people to buy, limiting demand for rental properties so rents decline (in inflation-adjusted dollars).Population Growth: In areas with growing populations, demand outpaces supply, driving up property prices.

Some questions for the people with experience: What are some basic landlord problems I will most likely run into?