Just like any other business, one must be an entrepreneur to start form scratch and create an empire.
Because of its tangible but immovable characteristics, this kind of investment is secure in the hands of the owner.
An assesment of "hard and soft" value adding should be calculated before you buy and not after the deal is done.
Look for good blue collar communities where many manufacturing employees prefer renting and the manufacturing management likes to buy and management is rotated in and out of the community as they are promoted.