For balanced cash flow and appreciation, the basic characteristics we use include:• Single family• Two+ garage• Three+ bedrooms• Two+ baths• Within a minimum and maximum lot size• Built after specific year• Average time to rent below 20 days• One or two levels• Association fees below a specific amountWe eliminate from considerations most properties based on a number of negative characteristics (we have about 50 such "negative" characteristics) including:• Known bad floor plans• Subdivisions with rent restrictions• Known undesirable subdivisions• Properties with traffic or access issues• Properties with excessive drive times• Master bedroom too small• Ratio of lot size to the home's foot print• Tandem garages• Close to nuisancesFor high cash flow properties (usually class B or C) the requirements are quite different and these are usually town homes, condos and occasionally older small single family homes.

The property is somewhat unique for the area given its characteristics (i.e. 80s built, washer/dryer hookups in unit, balconies, high ceilings, stabilized cash flow with room for increases, has some assumable debt at a good rate) so I think a legitimately active buyer would at least consider it.There are only a few brokers, maybe 5-10 brokers, in the area who have worked similar deals recently so its really not much work checking with them first for any "low hanging" buyers. 

Atlanta has many of the same appealing characteristics as DFW and Austin a decade ago.

It's important to follow fair housing laws and avoid discrimination against applicants based on protected characteristics such as disability.

You can notate that no interest is due on the loan for X period of time making this debt structure have characteristics of an equity agreement.

You mentioned both the west and east sides - that's a night and day difference in about every property characteristic.

Here in the valley, there are a few pockets that I know of - some target single family homes within the Clovis Unified School District to rent to families with children who value the schools, and eventually sell to families; some find homes in established neighborhoods in Fresno (usually with decent size yards) being desirable, and eventually sell to those who appreciate these characteristics of neighborhoods and homes; some like single family homes or small multi-family homes that would make good rentals for young professionals who like the downtown lifestyle, and eventually sell to these young professionals.

You'd be surprised at the variation you can see on characteristics of a property that seem like they should be straightforward or objective.Many times an appraisal will cite different square footage than the tax district or a previous appraisal, for example. 

The most profitable strategy is determined by the economic climate, the particular property characteristics, including location, type, rental income, value, cost, etc.  

Hello;First of all thanks for taking time out to go through my post.Many listing websites have similar homes/properties as well recommender algorithms;  my observation so far is most of what are shown as matching or similar properties to any listing have so many different things.Property is not something like Apparels or Gadgets where you can match some Characteristics and list them for similarity.