My investors have been talking about wanting to make sure we are diversified enough so one regional downtown won't kill our whole return.  

Houses keep going up around Denver, but they aren't making any more land within a several-mile radius of downtown.

We own a property just outside downtown Denver in the Sunnyside neighborhood.

Hi Inaam,I invest in buy/hold south of downtown, but am also open to flips.

I plan to hold it for quite a while but the interesting part about this is it is an old victorian near downtown St Paul that was converted to a duplex.

I'm familiar with North End and Downtown Tacoma, but not the other areas.  

We were a little picky with our first as well, as we live here (we wanted a big backyard, not right in downtown, etc.). 

Santa Clara County (March 2016)All homes $855,000 +10.3% 1389 All used homes $980,000 +9.6% 870All condos $675,000 +21% 395Start with more affluent neighborhoods with top schools.Palo Alto $2,472,000 +.09% 26Palo Alto(306) $2,160,000 -13.02% 21 Los Altos $2,640,000 +4.5% 28Los Alto Hills $4,050,000 -5.7% 7 Cupertino $1,590,000 +0.5% 3195129 $1,392,000 -0.2% 2194087 $1,600,000 +6.5% 3195130 $1,303,000 +24% 21Saratoga $2,015,000 -10.3% 27 Los Gatos(032) $1,605,000 +3.5% 27 94040 $1,511,660 +11.2% 1494041 $1,535,000 -7.5% 7 94043 $1,280,000 +4.9% 36 94085 $1,130,000 +29.1% 1394086 $1,112,000 +6.2% 3794089 $1,082,000 +23.2% 11 95050 $856,000 +20.5% 2095051 $972,000 +17.8% 5395054 $951,000 +10.6% 2095008 $1,010,000 +13.1% 31 95120 $1,460,000 +12.7% 31 Central San Jose The following is in line with earlier report where the housing is so high, affordability is an issue home buyers need to move further away and currently Central San Jose enjoyed being one of the most desirable neighborhoods.95117 $1,062,000 +26.4% 1695124 $1,010,000 +7.2% 4795125 $ 998,000 -.02% 7095126 $754,000 +17.6% 2295128 $828,000 +10% 25North San Jose and Milpitas95131 $831,500 +12.4% 4095132 $842,500 +12.3% 2695133 $692,000 +2.2% 2295035 $795,000 +4.9% 55 Refer to North San Jose home prices 2016 Downtown or near San Jose town center95110 $492,500 -4.4% 2495111 $575,000 +3.6% 24 95112 $617,000 +2.8% 2995116 $477,250 +12% 24 95122 $477,500 +10.6% 28 Refer to San Jose downtown home prices 2016 Q1Evergreen neighborhood ( San Jose)95121 $757,000 +19.5% 2695148 $755,000 +5.6% 3395135 $1,120,000 +4.7% 2595138 $1,272,000 +7.8% 21South San Jose neighborhoods95136 $727,500 +4.1% 3495123 $743,000 +16.1% 5395119 $775,000 +5% 1495139 $726,666 +7.8% 4 As people can not find quality homes they go further to South Santa Clara County.

In a downtown area, however its a depressed area with high substance abuse in the city.

@Chris StedmanStick to central phoenix/downtown phx....so much happening there now and over the next 2 years+.