Buying in PR is not for the faint of heart, and only for people that truly love the island and its culture.

Our culture, economy, and media are permeated with the notion that everyone should have a nice, newer car, and that they should use a loan to obtain such.Get rid of your car loan!

Exterior paint, refinished floors, some millwork, contemporary lighting and plumbing fixtures, paint, gut kitchens and bathrooms, landscape/hardscape work, finished basement.

Large markets with diverse jobs and culture.

ridgewood and bedstuy would be best bet just as far as event/culture trends (where young ppl want to live). ppl moving to bedstuy dont mind the grungy and still borders bushwick. bedstuy willl prob have most growth as far as minority owned small businesses. trains, gyms close by. also wyckoff hospital is buying mfh nearby and using them as offices. it's possible a larger hospital network like lij/northwell health will buy them and expand so you may have a rental property to sell to them. lol. dont be suprised if new mayor proposes some new train or fast rail line like the L train on outskirts of bk\queens. your prop value will skyrocket in 10 years if you bet on that.

The homogenous cultures first and foremost. 

I see a LOT of good things happening around here (finally) with new business and cultural improvements in many areas.  

- Is the culture to rent by the room or by the house/unit?

If you have an interest in a beach house or living along the coast, I have a client selling a rustic contemporary lakefront cabin with an awesome view of Lake Erie.

The main point is care personally about your people but challenge directly and in real time to build a culture of high performance, but also care for your team members.