Quote from @Cameron Green: Hi Jhamari,I live in Cleveland Heights, and have three rental properties in safe neighborhoods throughout Cleveland/Cleveland suburbs.

@Kevin Orellana do you like the asset; is it in a neighborhood that you are proud to own it, do you see it continuing to be a desirable place to live? 

Sandbags are piled all over certain neighborhoods yearly and it does get a little disconcerting.Sedona is a great market, but prices are high there and the mayor elected last year hates STRs.

Look for the oldest worst property in a great neighborhood.  

Normally those who invest in these neighborhoods are hyper focused on completing the BRRRR method, cash flow or acquiring as many doors as possible.  

•Best Neighborhoods: Which areas tend to attract the most renters?

@Connor Thomas How are the neighborhood fundamentals?

Southern border of the land is Wilson Creek (a large, well established, full time creek with old growth trees)Approx 1 acre of non-recoverable flood zone along length of creekTwo small ponds on the property, which can be filled in to utilizeSmall neighborhood to East of property line with utilities ready and available for project Currently a couple of older homes and barn structures on property (100% liveable and well maintained)Wilmeth Rd is currently expanding down the block to a 4 lane road which connects to Highway 75 in McKinneyLarge developments are underway within a 1/2 mile to 3 miles out radius<4 miles to Costco, ChickFilA, WholeFoods, Cinemark, major hospitalAT&T Fiber and Atmos Gas at front of propertyA water well can be run, if desired, or tap into the city's water (currently on city water and has large main at front of property)A CE firm has drawn up plans for a small, 12 home, 3/4 acres development.

That is why large private equity firms and buying up parks all over the country... they have great cash flow and don't require a lot of 'management'. 

Most of my zombie properties are located in "C" class neighborhoods in Dayton OH.