Planned Use Developments and Appreciation?

[Charlie Bachand]

When purchasing a home for a rental property, does it matter especially if the home is in a PUD or not? Ignoring the issue of possible HOA fees, my real question is whether or not being in a PUD has an impact on long-term appreciation. All else being equal, is it better to invest in a home that's in a PUD, or to look elsewhere?

Thanks.