I do feel like Haverhill is much in the "path of progress" than comparable areas like Lowell and Lawrence, so it's a city on my radar for sure.

Today's Americans want to live on Sunset Strip and pay Main Street USA prices.

please send me a case example I'd love to read. that's one appraisal. the knowledge I have as a licensed general contractor working with investors from 5 cities at a time all over the country buidling 3 different floorplans I would say trumps one ADU you read about online 

It would be mainly rented to alumni, parents of students and people exploring the area by the University of Florida.  

The first main purpose of real estate investing(or any other investing) should be the return you are getting.

Even the main city of Malaga, who was considered a backwater city just 10 years ago has become very popular and is now turning itself in a little Silicon Valley and banking center.

Quote from @Makani Donaldson: From what I understand, different islands or cities have different rules, and they are getting stricter.

I didn't have much money, and not much experience but I used my background in finance to put together a syndication and buy an old office building and drive thru on .59 acres with the purpose of developing housing.My passion was creating housing in a city with under 2% vacancy and skyrocketing housing costs.

I mainly am curious how people have raised capital for their first properties. 

I have seen some offers from Main Street come through, which is one of the biggest hedge fund type buyers.I've seen offers from Offer Pad and Opendoor in the last few weeks as well.