Others will think I'm crazy for consciously taking a lower (potential) return because I'm "too lazy" to do a value-add project or find an area that people don't want to live in now but is revitalizing so in 5 years it will be awesome.

You need to be conscious of that and make sure the market is a strong rental market.

If you want to buy a fixer upper in downtown Frederick, just be conscious of where the borders of the historic district as it can be a pain dealing with exterior renovations inside the historic district.

The rent is lower and they are appealing to a client that is more cost conscious.  

We consciously price our rents slightly below market, and thus normally have very high occupancy and lower turnover.

I'm fascinated to see how the memory of 2005 has faded from consciousness.

As much as you may get discouraged, you must continually make a conscious effort to keep yourself focused on what you CAN DO, not what you can't.Not utilizing my contacts.

She's also very cost conscious, so we basically picked the stuff that was the best combination of nice/inexpensive.3.

Ned is right about the neighborhood appreciation or depreciation please be very conscious of this situation.

Now, if they truly couldn't sell it otherwise that might be one thing, but scenarios where they're just underwater a need a safety line; well, I think it would be tenuous for my consciousness.