Thanks for giving me some perspective.  

The pros far outweigh the cons, which include:Safer living & health conditions for tenantsA peace of mind for you as owner & for tenantsWhich can then in turn directly or indirectly, depending on your perspective & outcome, reduce vacany rates

I am not sure yet what are the main traits I should be looking for, but I believe that a good start would be a state/city/area that is: Landlord friendly (from the tenant- landlord perspective).Has a solid ROI Is considerably cheap (unlike San Francisco haha)Allows foreign investors Isn't too expensive tax wiseAny ideas and advice will be happily accepted :)Thanks in advance everybody!

@John Howdyshell  wow thats some perspective  on PLs getting rich and doing pay day loans..

The numbers might work better from a cash flow perspective.

It has transformed my perspective as I implement many of the changes we've needed.  

I get all the above responses...re appraisals and what goes into them...I guess I was asking from the perspective of how accurate is the sales data as it relates to actual sales that they show?  

I invite you to please consider the following, from a Federal Income Tax Filing Perspective.

It seems both the parties are talking about their perspective of return.

I am thinking this is very helpful for the perspective tenants ?