Many investors will buy 1031 exchanges at lower cap rates and use vacations to go there as tax write offs.Maybe you find it but Florida is very cap rate compressed for quality retail properties versus other states in the cycle.  

Different states are cycling at various cap rates for retail across the country right now.You need to make sure you will be realistic for market conditions.

But was thinking that a standard 12 month lease is going to box me into a challenging cycle every year. 

Rents often rise during recessions as the rent cycle is counter cyclical.

However, the details can vary lock in period, adjustment cycle, LTV, etc can all vary from lender to lender.

Goals for this deal:- secure precisely 3 units within 1 mile of Rillito Bike Path @ Dodge Blvd: easy to access all major Tucson road cycling routes- property layout functional for STR: adequate parking, separate backyard spaces, etc- walking distance to Brandi Fenton Dog Park & Tucson Hop Shop (best bar in Tucson)- pay house cleaner & landscaper to periodically clean primary residence out of AirBnB income (still working towards that!)

Commercial investors often have very deep pockets so tend to be lots of buyers when you go to sell no matter the cycle (if you have the right location and the asset).Check if this DG being built is the Dollar Plus format, upgraded construction or not, and on well or sewer.

Real Estate has historically increased in value along with inflation but there are cycles.

Human behavior always traps us in vicious cycles, where cash is only used as a stepping stone for more leverage.

I live in DFW & will likely never own a home again (I house hacked in Oklahoma in college) without moving to a totally different market & a different economy & market cycle!