It is likely any investment in that area will out perform larger market.Note if someone can creatively address the tic/coop financing issue, they could virtually split anywhere.  

Also read your lease as if tenant could easily see damage being done and did not report it, they may be liable, not sure how that works in court if it comes to it, especially if you didn’t perform inspections that would have found it.

Hi Jacky, it's important to look at how well rentals are performing in your area.

The strategic location and growing Modesto market further enhanced its appeal, making it a prime investment opportunity.

Rather than speculative talk, I'm curious to hear about actual performance. 

Calculating ROI (CoC, Flow, Appreciation, etc)Would love to know how, and how often people are looking at the numbers to determine when to refinance, sell, or just track performance. 

You want to keep it as you like the cash flow or see the market really performing well for the next 2-3 years. 

If you have performed rehab, my favorite programs offer both no seasoning and 90-day seasoning requirements to use the appraised value as the basis for your loan.

The growing Coulterville market and strategic location further enhanced its appeal.

Spring's growing market further enhanced its appeal.