What makes an "Up and Coming Neighborhood"

[Matt Rubin]

Hello everyone - What are some things to look out for to see if a neighborhood is truly "up and coming". I feel like every city always has a few areas that are on the rise, but outside of an above average increase in housing prices what else is there to look out for? In people's experiences when you've invested in one of these neighborhoods what were you looking out for? 

Is it as simple as looking for new restaurants, Starbucks, whole foods, etc. in the area or is should I be looking at more hard data (unemployment, income, etc.). I'm interested to know what's worked and what hasn't from everyone who has any experience with this!

Thanks

Matt