Why does it matter if he sells, shirts, cbd oil, or skateboards?

Hello BP Community,I live in Jackson, TN and am a former IT professional of 17 years, moved to entrepreneurship (eBay, aerial drone photography, 3D printing, and a CBD store), and now I'm a soon-to-be real estate rental investor!

@Patrick Flanagan yes when I mention those cities, I'm really talking about the entire metropolitan area around those cities, and I'd actually steer clear of CBD in most instances.I'm not a fan of tertiary markets that aren't part of an MSA with at least 500-600k people, but definitely love the idea of getting good cash flow now and some nice upside as development comes your way.

From the CBD going NW there is most of our A class area. 

.#1 would be consumer preference, Baby boomers have the presence of living in the suburbs, millennial then came along and had the preference of living near the CBD, however with businesses not being in person will that change?

By my very incomplete math, there's 1,200+ new apartments coming online in the next 24 months between Shelby Park in the south, the river to the north and the CBD to the west.  

Despite the negative impact of lockdown measures and remote working arrangements on many urban/CBD properties, investment volumes remained strong in H1 2021, with increased pricing in many regions.

Or maybe it's time to scrape and start over again, bigger and more units, or maybe that bitter taste in your mouth has you thinking mini storage or a parking lot, or green house for one of these CBD outfits.In short think about things in terms of cash flow vs head aches plus time, not doors.

I am interested in seeking suggestions, advice and counsel from those who have performed conversions from Class A office buildings, specifically within second tier, 18 hour city located in core/cbd.

seems the lower priced condo units are more affected due to the unstable economy as most of these are bought on bank loans. the higher end property market seems more liquid, mostly cash transactions. more of a struggle for us landlords to find tenants these days in the CBD since most employees in our market have the option to work remotely.