It's not clear to me whether I should value it more like a Tosa property or more like a west side Milw property.What I like about the neighborhood:- In Tosa school district- Near all the cool North Ave retail activity- Might attract tenants attached to the Medical CollegeWhat I dislike:- Proximity to rougher areas of Milw- Immediate area is mostly scrubby retail like nail salonsYour thoughts?

Well, when I bought 7 years ago, the Bishop Arts District in Dallas was mainly 2 stories max. with lots of SFRs, duplexes, and a few small condos.  

Hey all,I'm considering investing in a downtown district i just know is about to explode.

Im looking to start buying around louisville stoneware, as they are pushing for an arts district.

Keep in mind nice move in ready homes in good school districts are still being sold on a cash bases in the Bay Area.  

@Alex Sanfilippo, is your goal to rent to faculty and staff of the university or students?

That's Indian Prairie school district.  

First off this property is located in a trendy, millenial, good school district, clean neighborhood, low crime, close to public transit, good walking paths and to a popular tourist attraction. 

California (And Arizona, Idaho, Minnesota and the District or Columbia among others) for example is not a produce the note state.

Taxes: 11.4% (Remember, I'm in Texas, property taxes are higher for us)Insurance: 4.7%Maintenance: 9.4%Vacancy: 4.5%Capex ranges from 9% to 25% (I have two rehabs, which have a higher capex).I'm going to preparing to talk to my appraisal district this spring and bring Taxes down to 8%.