Its magnitude in difference in cash flow that sort of makes LA's appreciation strength almost moot and then Baltimore also appreciates at a not so shabby rate.People are talking about all these value add strategies that you could use in the LA market to even get close to the Baltimore numbers but they forget, you can also apply the same strategy to Baltimore and make even more.Of course you can also reinvest equity not just in LA but also in Baltimore.If this were a city with a slightly softer monthly cash flow, LA of course would have won but thing is, Baltimore isn't even the strongest CF market in the country.I just happen to run into this article by the way... shocked to see how they got to the same conclusion on Baltimore:So you also have realtytrac, use a somewhat different methodology and strangely have Baltimore ranked as #1 in terms of rental returns.

Very little ancient inventory to tear down or rebuild. 

The third house came with a DVD player but it was so ancient I tossed it.

The value isn't necessarily in the raw information, but in the sensible aggregation of the information and the methodological application of the information. 4.

People have these fantasies that they're going to build cheap rental empires in the Rust Belt while cruising around the world, maybe getting on their phones once a day with their GCs at their multiple rehab sites.So a lot of this came out right after David Greene came out with his book on the process, and I felt certain Greene was somehow whipping credible idiots up with his methodology.

The key to the analysis is in the methodology and accurate/relevant information. 

The calcium buildup will prematurely wear out the heater(not in your case, ancient heater that runs forever) and allows bacteria growth as well as decreased thermal capacity.

The only issue is that it comes with an ancient lien from the city from 1992 that has been accumulating up to the tune of about 1M.

In the real old days (I'm ancient) that term didn't exist.  

I did this when I lived in NJ had to go to the county courthouse and go on their ancient computers and pull each record.