The media and entertainment industry has a huge untapped potential, and people , especially millennials move easily, to better climate from anywhere so demand will grow faster in the future.

I would also add that Nevada's pro-business climate was a factor in Tesla's decision to locate its Gigafactory in Reno.

We live in an area where there is a lake and folks see climate controlled storage as a huge plus.

With the constantly increasing prices, it has become increasingly difficult for those who are just starting out to purchase property in a highly competitive climate.

Congrats on this and getting a deal off market in this climate!

I agree with @Jake Stuttgen, the financing looks a little off for the property and current climate. 

We had a gas company drilling for a bit and it made it profitable, but due to the political climate it doesn't look like they'll be able to do anything else until some things change. 

I mean climate change.

It's a really unique state with everything from desert to lakes and boating, skiing, hiking, golf, literally anything you want to do outdoors and they have the climate and topography to do it. 

In any case in the current world and political climate I strongly recommend working with a property manager even though thats an 8-10% hit on gross revenue (though a good PM is very much worth that IMO)  I would recommend trying very hard to avoid buying a single house to rent out.