SD has a historically high appreciation rate and it sounds like you also did a lot of work to it. 

While MTRs have historically been associated with travel nurses, the market really is much larger than that.

I know this is historically a rough area but I have heard rumors that is is up and coming with the $$ the Cleveland Clinic is putting into their expansion.

I like to look at the historical submarket cap rate over the last 20-30 years and compare to the current spread.

There is a property I am very interested in that is on a good sized lot in the downtown historic area in my city. 

A robust rental market with low vacancies and excessive demand is good for house hacking, while historic belongings appreciation rates can upload to the overall return on funding.

Love living here as well, big city but has a lot of small town touches, Theme Parkes, historic attractions, military bases, great food, and friendly residents.

If I could buy and hold a Courtyard District Historical Apartment Building right there on the north side of Fountain right before one spills over down La Cienega into WeHo it would be heaven for me.Also, you can get a lot of location use out of your exteriors because you would have both the "Old Hollywood" and "Hip Youngster Who Found a Cool Historical Place to Live" looks for film and TV.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.