But the average politician doesn’t want renters living in houses in their neighborhood.

You'll be tagging transactions throughout the year with categories that fit the Schedule E so when tax time comes (if you stay on top of it) every deposit and expenditure will already be categorized and it's quick to create the Schedule E and/or run P&L reports any time you need to.

I agree.. just look at any large mid west or rust belt metro.. there is a ton of houses avaliable the question though will folks buy in certain neighborhoods where inventory is readily avaliable you can buy existing in many of these markets for far less than new builds.. so to me its really a neighborhood issue  a school issue a crime issue etc etc..

For example, you could showcase the family-friendly amenities, outdoor spaces, and stylish interiors all at once, similar to the one shared here (this is a listing photo, so I would recommend you change the text to fit your guests).

But I plan to go there to see and know the city in general and different neighborhoods in particular.

I have the contractors in my network so I feel a light rehab would fit well for the first one. 

I'm looking at Class B properties in up-and-coming neighborhoods and plan to self-manage once I relocate.  

Just start.Pick a good area: Look for neighborhoods with potential – something that feels right to you.Think long-term: Are you looking for steady cash flow or hoping for big appreciation down the road?

Looking to cash flow on low entry homes in some pretty nice neighborhoods close to where I grew up.

ONE OF THE REASONS WHY I WAS INTERESTED IN THIS PROPERTY WAS I LITERALLY GREW UP AROUND THIS PARTICULAR NEIGHBORHOOD SO IT WAS A FULL CIRCLE MOMENT FOR ME BESIDE IT BEING A GREAT DEAL I WAS VERY FAMILIAR AND COMFORTABLE WITH THE AREA !.