I think part of it is the neighborhood.  

@Eyal Gorenhave you been to the house or the neighborhood? 

Midtown and Brickell in Miami are the hot spots for the city. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

How do you know if a neighborhood is C class as an out of state investor? 

@Bruce Lynn is spot on.

Soudns like you're in a great spot.

Quote from @Logan Lambert: Quote from @Alex Hileman: Hey Everyone,As many of you know, Pittsburgh is a unique market with a lot of opportunities in neighborhoods where properties can still be purchased for less than $100K.

Hey everyone, I've got a quick neighborhood question.

100% agree with @Collin Hays - find a local manager, preferably one not too large or not too small, I would say 30-90 properties is usually a sweet spot.