For instance, property taxes are notoriously higher in Edmond, suburb north of OKC. 

This is primarily because it is notoriously difficult to scale, relative to both capital deployment and ongoing operations.For example, it is harder to invest $200M into individual single family homes than it is to build a single $200M condo building.

AVOID CERTAIN TOWNS: Some towns are notoriously hard to see a solid return in because of taxes, property value or rental rates so you'll want to avoid them or tread very light where these towns are concerned (East & West Orange,Irvington, Montclair etc) also remember, your taxes are subject to be increased if you renovate the property (or the previous owner did recently) so always take that into account when shopping for a property.

You want consult with both the attorney and CPA on these issues as state are notorious on tax compliance and fees.

East side city services were notoriously bad, then. 

The electrician is one of the best in the area, and the town of Berwyn has a notoriously strict electrical inspector on top of that.

If you are renting to a fraternity that is notorious for on campus drinking violations, that is a red flag.

This is particularly annoying because the HOA has a large fee and requirements for new tenants, and they notoriously take weeks to complete these requirements.

Last minute bookings are notorious for being young people looking for a place to party, never take a last minute booking for that reason alone! 

Regardless, sellers tend to accept only offers that are not subject to appraisal, because the appraisals here tend to be notoriously low and it's simply accepted that the appraisal is not going to be the sale price.