I think for similar reasons to that of what you mentioned, a liberal arts college will be hit harder than that of a nursing/healthcare school.

Yet...R-MN zoning which allows for SFH, multifamily, apartments, condos, townhomes, co-ops, commercial, retail, mixed retail/residential; literally the most liberal designation out there without many restrictions.

Little high but it is better to go in conservative and have a good surprise then go in liberal and have a bad surprise.. 

Now that said, the more liberal an area, the more likely that you will be required to follow some legal court process to get them out.

Coalition forces are penetrating through enemy defensive lines to secure and liberate a fictional city.

as a rule I do do not invest in liberal states because they tend to not cash flow and are hostile towards landlords. 

WSJ also gives me a point of view that may counter some of my own opinions and biases since I tend to be a fairly liberal guy overall (but probably most people would consider me financially conservative).

.- I probably made the liberals angry, the conservatives angry, the bitcoin people angry, and the libertarians angry.

Especially in the Northeast (more liberal tenant friendly states).

There are 2 issues at play. 1) The buyer and 2) the appraiser.I'll focus mostly on number 2.If it's below grade, an appraiser is not going to include it in gross living area, and they aren't going to call it a bedroom, an ADU, or any of that (in the unlikely event that they do, you got lucky with a very liberal appraiser who gave you a gift, I'd suggest shutting up and not questioning it, hopefully the mortgage underwriter is having an "off" day and doesn't notice, but you certainly don't want to bring attention to it!).