But this is Rare.. you cant compare most low value areas of cities in the mid west or Rust belt to Charleston SC.. 

@Aditi Chaudhuri When you say your property is a half mile from campus, are you a half mile south towards Center City and near Broad Street or are you half mile north, west or east of campus?

I know a lot of investors from the west coast in California and Seattle, WA are investing in the midwest due to the strong cashflow and appreciation.  

I have worked with many experienced investors from Southern California, Las Vegas, Phoenix, Tucson, Denver, and other large metro areas in the southwest and west coast, with seasoned investors that still live in all of those great cities but have shifted most of their real estate investments out of those higher cost or higher risk markets into ours. 1) Compared to most cities in the SW and West, home prices in the Albuquerque metro are relatively affordable.

I own a 100-year-old two-family investment property in West Hartford, CT that has oil heat; one oil tank per unit. 

Business Purpose loans are like the Wild West of lending. 

The West End really could be revitalized and get fresh investment if it were breathed upon.

did 3   one broke even only because sponsor made everyone whole at exit which I suspect is quite rare.other two are perking along.. these were Class A apartments in Upper mid west promote was not some sky rocket return and frankly I can do better on my own.. but it was end of year so I was looking for some cost seg. 

It makes sense for West Coast investors but not so much for East Coast investors or someone looking for a sub-100k property.

They simply dont understand the culture of the rental class in the mid west the LIfe long renter..