The Greenville market is strong - high population and job growth - diverse economic base including manufacturing, logistics and transportation, medical and leisure & hospitality.

If we could land somewhere that we cant afford imagine things like changing kids schools, moving expenses, transportation issues and a thousand other things. 

True Joel, but like pulling teeth to get Syndicators to show you their track record, ie actual total returns with breakdowns of distributions + capital appreciation + principal paydown etc, and SEC so loosely governs Real Estate that it's the only investment category that doesn't require standardized return metrics like the 30=day SEC yield on any fixed income product is mandatory, or audited GAAP accounting standards on finacials from public stocks/Reits etc Real estate seems to be still a bit more un-regulated "Wild Wild West" than other parts of the investment economy, but i guess hence the much better returns i've had in real estate, risk = rewards This is why the good sponsors get have audited financials and have a third party verify their track record.

Generally I look for median homes price & income levels close to good transportation & decent schools. 

By targeting Uptown, we knew we could appeal to our target clientele due to the fact that we would be located in the safest area of the city while still allowing for quick and easy transportation to and from the French Quarter due to the street car line.

This includes transportation costs such as gas, airfare, rental car fees, and lodging expenses while away from home.

Try to research and get a sense of any new exciting development in the area, be it hospitals, parks/walkways, transportation, etc., which will drive value to the area. 

Both have great public transportation access and are already seeing new development happening on the regular.What dollar value of a property can you purchase currently?

@Grayson Lynum Regarding Modular, I have gone down that rabbit hole several times, and what I found it, they are not cheaper, just faster, and they look like a modular, due to the transportation limitations, the rectangle box or Prow front on mods tend to have a stigma to buyers, also many of the finishes are very low end. if you site built a very basic rectangle with the same cheap finishes most mods come with, you will be financially better off. and they are not faster, typically from order to occupancy is 6-9 months, I did my last spec in 7 mo. its just not as much work on site, the time is waiting for the factory to get to your build. good luck!

Decent schools and great public transportation.