Most contends with unfair dealing between businesses and mergers, unfair competition, but there are also aspects of competitive pricing and fair pricing for services.

Today some people contend it still does, and others say it is no longer the case.And remember you can do everything 100% legally with the best intentions, and that does not insulate you from a fair housing complaint.Also here is a great little article from the NAR.

Also, how do you contend with what seems to be a very high crime rate?

Regarding the last 20-30 points, I'd contend the last 20-30 points are difficult.

From responses on this thread, it seems Fredericksburg is a big contender for Cash Flow and Appreciation. 

@Mike McKinzie, @Adam WillisI've long contended one of the biggest problems with property management company's is their interests, as reflected in their fee structures, are not aligned with interests of the owner, or the customer (tenant).After interviewing most of the PMs in our areas of operations, we have concluded it will be necessary to develop our own capacity in-house as our holdings grow.  

If this is the case, your bordering on a few different neighborhoods which all carry varying unique factors to contend with.

The nay-sayers will say 'don't subsidize your losers' but others contend 'it's portfolio logic'.

I have two top contenders that I am seriously considering for rental properties and would appreciate your input as this will be my first investment property.First a little background on my strategy.  

However; here we don't have to contend with hurricanes, and winters.