Although rents were below market, it was a stabilized asset, fully marketed for sale. 

It opened doors to new markets for agricultural products such as cotton, sugar, and grains, laying the foundation for prosperous farming and trade economies across the newly acquired territories.Investors keen on infrastructure development saw potential in establishing trade routes, settlements, and towns that would eventually grow into thriving cities.

Marketing it as an MTR might be a good alternative so long as Sacramento doesn't also regulate MTRs.

I'm looking to meet others who are interested in the same, and learn the best strategies to enter the world of investing. 

My thinking is the storage unit at 2600 mo is much more wiser than 54k in the money market at 5.2 %. 

I've been hearing a ton lately about the issues in the Florida real estate market.

What this narrow group of investors have in common though is they know the market well because they lived there for a couple years.

3) Poor marketing / sales.  

This will help you research the Scottsdale rental market.

As far as finding the right markets, the BP podcast called "On The Market" shares reports of best markets as do other platforms but BP is my fav for sure.