Tenant performance decreases as the property Class decreases.Have seen too many out-of-state investors misread the City of Detroit neighborhood markets and liquidate their holdings when their expectations weren't met. 

It’s about 1/2 hour away from Fond du Lac and West Bend, which are the 2 biggest cities nearby.

In certain Colorado markets, especially near popular tourist spots or cities like Colorado Springs & Old Colorado City, STRs have the potential to bring in higher monthly revenue, even if they require more management.

South central and eastern NC have some solid opportunities, especially with the growing markets in cities like Raleigh, Fayetteville, and Wilmington.

The city and/or fire department can shut you down if you violate zoning.

I am moving in about 6 months from Colorado Springs to New York for work purposes.

Good or bad for the City of Philadelphia and more specifically the real estate market?

@Saurabh Kukreja we don't recommend investing via zip codes - too broad of an area.We've mapped out all of Metro Detroit and categorized Cities & Neighborhoods by Class A, B, C, & D.We take assisting investors very seriously, just read below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Did you encounter any issues with neighbors or the city?  

Although our family enjoys beaches, if we decide to live in the city, we might opt for an inland residence to save money and visit the condos as needed.