I'm wondering if the lure of depressed prices are raising your interest, or you have some other reason you would even consider this?

Also, Michigan has lost jobs 7 years in a row, which hasn't happened since the 1930's during the depression, and they said that Michigan is the one state in the Nation that is currently in a depression.

If you look into all of the fees that Evolve charges guests - and depresses your rents in order to get away with it - they are probably charging you upwards of 40 percent property income. 

The last one was the Great Depression in 1929.

There is no accepted classification that I know of, as to tenants, I can see basic loan assumptions being made, unqualified, marginal, qualified, well qualified and strongly or extremely qualified.Just posted in a thread 45K in a C or 55K in an A something like that  around post 65.I can think of 10 clearly defined classifications of neighborhoods, from million dollar golf course types down to 20K depressed areas.

In a transitioning neighborhood like Pigtown, there will be more crime reporting than in a severely depressed area like Harlem Park. 

Right now the multifamily space is extremely hot and as such the returns are depressed.

Great advice already in this thread but it bears repeating, don't be put off by the depressed appearing areas on the south and west loop of the beltline. 

It has held up really well, with the exception of where the concrete depression spots are that hold water.  

I’m scared that the stock market is going to crash, I don’t think that Real Estate in Haddington can go any lower - the prices are already depressed.