It "kind of" seems to read to me that many of the homeless in that area must be Ex-Cons.And that Public and Private housing will not rent to them, despite vouchers or jobs.And they believe this will get these people indoors (and right next to law abiding citizens who are working hard all day long (not at home).Your Class B and C areas seem like they will degrade into Class D areas pretty quickly, as will it will probably lower desirability to live there.Desirability might take a while to surface, but Peter Programmer and his Wife Debbie Department manager (and their two children Emma and Petee Jr, who get great grades, along with their dog Chipper) might start looking at places like Austin to move to so they are not paying Boo Koo Bucks to live in a Crime hole.Then when the last well paid non-criminal family moves out, what are you left with.A once thriving area now filled with a a discontented scarey rabble between prison sentences (revolving door--recidivism) instead of high paid middle class workers.

you guys are actually having a religious argument :) Joe often makes good points about the perceived value of equity vs. its actual use but I've gotta say this sentence: "Your property can double in equity every year for the next 5 years, and you will still have negative cash flow." is both true and ludicrous.

I add that last sentence because you don't want Tenant thinking you are giving the appliances to them.

(If my elementary school English teacher could see that sentence she would throw a fit.

To sum up my thoughts in a quick sentence.

Here goes...I place the ads on Zillow, Facebook, HotPads, Trulia and Craigslist.THE FIRST SENTENCE IN THE AD SAYS NO PETS AND NO SMOKERS OF ANY KIND.When they call....I don't pick up....I want them to leave a message....If they are not confident enough to leave a message....I feel they are most likely not confident in themselves regarding renting the property.I want to hear if they sound like "they have some sense".

Funny, someone just called with this exact question while I was typing that first sentence.

Real Estate terms are really a new 'language' and I get discouraged knowing there is good information in a post, but I don't get the full meaning of the sentence without looking up abbreviations.  

Mainly because we don't know much about you, your finances, your goals, etc....and we have 7 sentences to make a decision on what the best financial path is for you to do.  

Do you get a definition, as in a one sentence answer or do you get an actual explanation, like "It means...and it comes from....and as far as your tax return, it means...