And maybe a bigger question i had for the more knowledgeable individuals is: Is the practice of wholesale real estate shady in itself or is it just a lot of the people that it attracts?

This makes it attractive for investment opportunities.

@Jordan Gregg Id agree with @Darren Sager I think Bloomfield is a smart investment just make sure you market your rental to the right clients and make sure that its upgraded to attract that commuter (don't over update though) I bought a SF that Im going to rent spring of 2019.

I am attracted to the stability and passive income potential of buy & hold investments.

This attracts more tenants rather than drive them away while their previous landlord is still holding eir security deposit. 

The new builds tend to attract better-quality residents. 

Downtown is making a huge comeback, attracting lots of new businesses and generally going through a revitalization.

With that said, it’s important for you to first establish a vision of the guest profile that you are trying to attract to your property before you dive in any deeper.

It's making seasonal, MTR, and LTR a lot more attractive or a 1031 exchange as soon as we hit the 2 year mark.Anyone else seeing this in their part of the country?

Partnering with Glenn Klingensmith provided valuable local insights, making this an attractive and strategic investment.