The main concern of any market where you want to set up a rental property is the population trends(more possible renters) and job outlook (is the city losing jobs which means a probable population decline as mentioned is important  as well as less reliable tenants to choose from).

Often in our management operation we need to contract work out.  Looking

Among the factors to consider in making these decisions, are risk tolerance, availability of cash, creditability, greed, financial stature, market conditions and outlook, inflation/appreciation potential, what age/phase of one's life one is in and of course each individual deal or property's characteristics. 

So, i believe the way my accountant is applying the 1/27.5th depreciation significantly improves the outlook of my small time (one property) scenerio even though no real cashflow.

Till than we are buy and hop investors who invest while in this lifestyle.Congrats on getting out! Look

Everyone doesn't have the same moral outlook or base line in business or in dealing with other people.

(Buying a square block in "just the right place" in Detroit 4-5 years ago for example.)I'd look at bestplaces.net see the outlook and true stats for the area and gather as much other relevant data that could be used to reach your goals.

Near-term risks to the economic outlook appear roughly balanced.

Search for it on their sites and you can check it out. Looked

I'd rather be out looking for more deals instead of sweating it out.