I lived in Palo Alto for 10 years.. town of 60k with a work for of well over 100k and its just not HIgh TEch its Stanford, Ford Philco and others.I have also touched upon the Korean migration patterns here.http://www.biggerpockets.com/forums/48/topics/1441...Now, rather than just talk about theories, let's talk about real numbers. 

Ford, Rocket mortgage, Beaumont hospitals and more.

Many stocks are up 1-2000% and much more from those lows.Great in plain site companies like Ford...Visa.  

Redford's name came from a Ford Plant on the Rouge (red) River. 

Ford, Rocket mortgage, Beaumont hospitals and more.

@Madison Loftis, the "up and coming" areas surrounding downtown are getting more expensive as we speak, most of the houses will be full rehabs, I have 2 in these areas, one in the North End and one by Henry Ford hospital, I love the potential of both! 

Ed Riggenbach with Welcome Home Milwaukee for property managementSpencer Harvey with Keller WilliamsCarol Ford with Waukesha State Bank

In fact, this year I've re-renovated a number of my properties that I've had for years, which previously were just renovated in a basic way for D type tenants.

“Whether you think you can, or you think you can't – you're right,” - Henry Ford

There's lots of articles and podcasts that can assist you with how to find out how much you should set aside for each of these but ultimately it depends on the property itself rather than how much the property is selling for :D