There is nowhere to park except on the lawns and the neighbors call Code Enforcement.

I get emails from people all the time from sites like zillow, apartments.com, etc saying "Do you allow commercial leases" (which is code for "can I STR arbitrage?"). 

I am totally on board with Tom that the tax code if applied wisely can save us a lot of taxes.  

This year I am seeing estimates of 8% appreciation in the zip codes I own property in.I am expanding my radius to find a good multi family or small apartment deal, but have no idea how to evaluate the more rural areas. 

We have solid cash flow on our assets after about two years of ownership but it will take time to get that rolling.If you come for a visit, ping me and I’ll be happy to meet with you and show you around.Stay downtown zip code 29601 to get the full “Greenville” experience.Be ready for a great foodie scene and lots of outdoor activities.

I'm assuming things like taxes, permits, code, insurance etc.

I assume these areas have strict zoning, permitting, and design codes, along with requiring state licensed contractors to perform electrical, plumbing, and HVAC which would increase costs.

1) Get your contractor/electrician/plumber to see what you HAVE to do to remain within code requirements and meet those at a minimum.

Quote from @Quincy Jones: I am also looking in Milwaukee, had a real estate agent literally give me a drawn out map of the areas color coded to show the different others that are the best to the worst, I’d start looking in areas that are starting to or in the process of being gentrified.  

They were installed to code and are oversized for the square footage.