@Tai Bhattad, Paying off liens is not a preservation improvement, but you do get reimbursed for them plus 12% interest. 

I get it that everyone wants to come to the party, especially now with prices having risen fairly dramatically, but sometimes I wonder if the Bigger Pockets room is akin to standing on the floor of a casino where a few people have won dramatic sums in some of the "skills" games (poker, blackjack, etc), and everyone else starts running out into the hallways begging for money to drop in the slot machine so they can get theirs too.Anyway, it seems an interesting philosophical question to ponder, and I'm curious what others may think!

Casinos, hospitals, schools, big businesses coming to the area that will create jobs and drive occupancy rates. 

I have a property in Rohnert park right next to the Graton Casino I bought in mid 90s for 27k  4 acres tax's 200 a year just sits there.. just put it on the market for 3 million will take two though  :)  its all perspective.. and where you live I made more on my bay area properties in appreciation than I could have possibly hoped to make in a life time leveraging small dollar rentals or drip income at 200 a month per door.. but to be fair I am not an investor I am a business owner and we create income with commission s Points  interest delta building new homes etc etc.. average investor cant do that .. they don't have the skill sets or experience to get the financing to pull this stuff off.So I totally get the buy a rental house try to scale it for the average W 2 or high income earner who is focused on their career.  

.* improvement in my spouses RE brokerage due to REOs* increased rents received and lower mortgage payments* the fact that Dallas did not have a housing bubble and thus the correction has been mild* having never invested in the rigged casino, err - I mean US stock markets.

those areas are closer to the river (casinos), closer to 95...northern liberties is a trend thats on its downside considering the amount of money pouring into the area over the past decade is just criminal....kinda tough to get in there for a profit.if you are stuck on a multi-family in north philly...look around temple.

--Seven-years after his crises era bet, billionaire Carl Icahn has sold an unfinished Las Vegas casino for $600 million.

The AC area ones about 80% of revenue is drawn during peak season, but there are still some bookings that come in for Casino, concert, etc. 

We have 12 casinos which bring people in all year.  

There are just about as many ways to invest $50,000 or any amount of money as the number of casinos in Vegas.