I'm most familiar with Johnson County, Westport/midtown/downtown, and the Northland.

@Nate Watkins  Not sure why you would say Oregon tax's are real high as they are not.. not the lowest but certainly not the highest .. my tax's are about 1.1% of Market value. downtown PDX is the highest in the state then everything else gets lower. you get out in the country and rates are very low..

I'm a new investor, and I found a property in a C class neighborhood (a lot of college kids also) that is in downtown Kalamazoo, MI that I'm hoping some of you BP'ers will give me some feedback on whether it's a deal you would enter into. 

http://www.zonerichmond.com/welcome.htmlImagine what will happen to home prices when folks in SF realize they can have a 15 min ride from Richmond to downtown SF and live in a beautiful condo on the water for 1/3 of the price of SF.  

If you are looking for business professionals then the downtown area would be a good choice.  

I heard Bill Murray's group is building a development near downtown Charleston using containers, a high rent area, which may be the sweet spot for this product, vs the country where folks can buy a brick ranch home for $50,000.One advantage I see is stack-ability: if you can get around 3-5 units high, that could offer nice benefits on tough/tight sites.  

The wonderful thing that HAS happened in Fort Pierce is the downtown area on the intracoastal waterway has all been redone and the beaches are pretty great. 

I'm currently renovating a 3-unit property in Downtown Orlando.

I currently own a condo close to downtown Seattle.

Toll roads to downtown, so traffic (while still sucking pretty badly) isn't suicide-inducing.There's lots of growth down south (288, NASA area) but, again, not all that scenic.