Ok, you can capture control of a geographic area, but what's the economic growth going to be like,next year, five years ... ten years out. 

I made jump in now. 10% over the last 3 years is not special, but Merced has one of the fastest income growth rates in the country.  

Strategic Connectivity: The development of the environmentally cleared high-speed rail station in Merced not only enhances connectivity but also contributes significantly to economic growth, job creation, and environmental sustainability.

Just make sure your selected niche(s) and market are in a diverse area in the economy and have population growth.  

Talking to the employees, I constantly hear of everything from technical analysts that lost their jobs and can't get a new one because they used to be paid too much (plumbing department at Belleview and Federal) to folks that are excited to start a part time job at Safeway because they can't make ends meet on their Home Depot wages (this evening's cashier at Santa Fe and I-25).Where is this job growth you speak of because after over 25 years of living here, I'm seeing some pretty negative signals here on the Front Range and would love to hear the positive?

New real estate apprentice that's on fire for growth.

You'll get out of it what you put into it so become active and help us grow the community and wealth of knowledge that's already here.

@Doug Lovett  I looked basically at population growth, unemployment rates, and price to rent ratio.

My experience is but just a moment compared to members like you but I try to implement tenant filter criteria far beyond the standard, can they afford it, good credit, tenant history etc additional factors which are needed for areas like this but necessary to gain the returns I am seeking at these early business growth stages.

However, if the LLC depreciates the property each year, the member's accounts will reflect much smaller amounts, potentially zero growth each year.