@Kishore Ginjupalli in your pro forma I would also assume that insurance is going to rise quite a bit, estimate higher snow removal and lawn/landscaping maintenance and any other expense that uses labor as those services are going to continue to go up with labor shortages and higher wages.

I get the argument of commercial being riskier based on the longer lease and the lease options though one must consider that in much commercial the tenant pays the property taxes, insurance landscaping, all utilities, etc. - in our industrial we are responsible for the walls and the roof (though having multiple tenants can make this trickier - for instance in one warehouse we have 4-5 tenants on the bottom floor and so we pay the water and electric - not ideal).Point is, some commercial has zero to little cost VS residential/MF. 

Look for job growth, population growth, economic diversity, and friendly regulations.

Fence and landscaping.

I run a decent sized landscaping business and moved it to five acres in the back of the property last July so we are growing trees and by doing so are technically using it as farm use to get the property tax deferral.

They keep it up nice, maintain it outside, add landscaping and so on.

Some have a clubhouse, pool, gates, and shared landscaping.

One things you'll find here is that the real estate markets are remarkably diverse. 

I like to have a diverse portfolio of assets that include real estate, stocks, bonds, startup seed, etc.

We also put in some rocks for landscaping in the front yard.