That is a fact.So to answer the OG poster's question, schools (and all around location) should play a roll in your decision of purchase and how much to pay for it.

There are a lot of factors out there but savings is a lifestyle and some people are just incapable making sound financial decisions. 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

@Jayden SpurlockIn future post the link vs all the photos so people can have the entire document to make their own decision

We had one young lady, good job, good credit, good rental history but she had poor taste in men.

My initial infant level of knowledge would tell me it's a combination of being poorly managed (I calculated they're spending nearly 65% on expenses to only have $305K NOI on 95% occupancy at $875/m, if that's even the average rent/unit currently occupied). 

Then I can make a decision based on the options in front of me.  

I think that many investors who have bought property in the last few years are equity rich and cash poor.

Get some quotes from electricians before making your final decision.

Quote from @Margaret Blythe: Quote from @Bob Stevens: Quote from @Margaret Blythe: Is anyone making investment decisions based on climate change?