My only investing experience is with stocks, bonds, currencies and commodities.

To the extent you can in most cases make more money with 10 year treasury bonds than with a paid off rental house, dollar for dollar, with less risk and headaches.Also, holding houses for decades is a bad idea IMO.

Individual real estate properties aren't as liquid as publicly traded investments such as stocks and bonds.

I have researched many investment options including the usual - stocks, bonds, and commodities.

David if you fly to the area see what other buildings in the close proximity are doing.If all include utilities tenants for the area will be conditioned to it and go down the street if you try to sub meter out.If most buildings have been sub metered for the area then it might make sense.As far as redevelopment you have to look at future use.Maybe the city will allow your current zoning say for example of 100 units to be changed to a more dense project of 400 units on the same property.By the city offering tax credits or bonds you will add new product with a higher assessment to improve the look of the area plus put more money into the cities budget.I talk to council reps for their districts in my states.What's on their mind is how to balance the budget and how to improve their district with quality and more money coming in.At some point the old units will be torn down even if performing and regenerate.Every area regenerates.It might take 50,60 years etc. but it will.This is why in high density cities where no more land is the buildings will be torn down and built new again.No more space is there so you have to go up in size and a more efficient design.When I look at a property I think of all the possible exit strategies with it and what it could become.If the location is great developers will pay a premium to tear down and rebuild new.When the boom happened everything was expanding and banks and developers had the "build it anywhere and it will not fail" mentality.Now that they have been stung hard with banks having bad loans and developers and corporate companies having failed projects or failed locations selection is the key.Development will come back but it will be much more selective.

Stocks, bonds, cash, real estate?

Thank you any feedback would be very appreciative as I am a hungry newbie investor ready to sink my teeth in and learn whenever I can

During my 28 years of police patrol work, I can't tell you the thousands of times that I have witnessed great "wailing and gnashing of teeth" as soon to be displaced family members begin to shout, rip their own clothing, beat on their chests and call out the names of deceased family members in an effort to avail a heavenly intercession to prevent being "put out." 

I'm not a lawyer and my legalese isn't all that good, but here's what I see: NRS 118A.242 Security: Limitation on amount or value; surety bond in lieu of security; duties and liability of landlord; damages; disputing itemized accounting of security; prohibited provisions. ... 6.

Her collateral is known to her, she knows more about that property than she does about any municipal bond. 5.