Tends to attract a younger /trendy crowd.

Vacant properties tend to appraise higher than tenanted but you can't alwasy keep it vacant till the refi is done.

Smaller, older homes tended to have higher price per square foot.Most homes sold were built between the late 1950s and 1980s, making it an established neighborhood with older housing stock.

Properties there tend to rent out fairly quickly. 

. 🏡 But we've also built a ton of tools over the years (and continue to do so) that allow PMs to scale their business, so a lot of people tend to grow with TenantCloud, and as a result, we have a ton of users with well over 150 units, too.In terms of accounting, we've got everything you need to keep your books in order.

Recessions tend to have distressed sellers so there are a lot of deals to be scooped up if you have liquidity to take action.

I know they tend to look better on paper, but there's no line on Excel for the headache factor that generally comes with lower class properties.Good luck!

I tend not to favor selling off Bay Area property and you have a 3% rate.

All in all I lost several million in the Great Recession.In rebuilding I tend to live by the adage that "cash is King" and I have repeatedly made money on deals due to having cash and being able to move quickly to purchase. 

Thin/narrow tiles tend to be harder the get level in the shorter dimension.