Another example of this is Newark, extremely strict laws making land lording a second job.When finding the right area to invest, towns with more lenient land lording laws and proximity to public transportation tend to be a receipt for success.  

This opportunity doesn’t occur frequently but it takes these attributes to take advantage when they do.3 - Blind luck - do enough deals, the unique opportunity tends to present itself.  

They tend to all have good incomes, little to no credit, and are self employed with lots of family.

These guys tend to be 1 man shows, and are generally drowning in work and would love someone to pour into. 

Tenants in Brooklyn tend to stay a minimum of 4-5 years in NYC due to high costs of moving.  

When this happens, inflation-adjusted rents tend to decrease.

These areas tend to provide the best balance of affordability and rental demand.That said, Detroit’s market is unique.

For example, Southern Spain tends to be more affordable than the north, especially if you look at rural areas or small villages.

I’ve found that C to B-class neighborhoods tend to perform best for Section 8 rentals.

*It tends to stretch and sag over time.