And for most of my clients, they are generally attracted to a city or market for personal reasons and THEN then find a property that works for them rather than looking at general market numbers...meaning, my clients can make money in ANY market, even ones where the population isn't growing, the rental demand is softening, and the rent-to-price ratios are less than attractive.So to you, does PA mean Pittsburgh, Philly, or central PA?

It is normally the real estate that attracts the nuisance tenants which leads some to resort to section 8 believing its a cure all which is the furthest from reality.  

This being my first go at this, I'm curious about that building the exit value/attractiveness? 

Once that's covered, you can go all-in on those fabulous renovations.Effective marketing plays a pivotal role in attracting tenants and increasing property appeal.

Nothing attracts buyer leads like houses for sale.

@Kyle Carter just because a building has all section 8 tenants doesn’t necessarily mean that the cap rate will be higher on exit but it might attract a buyer(s) that are focused cashflow and not appreciation; therefore a lower price to juice the yield.One of my non negotiables if I were you would be to only buy in an area that is desirable.  

I remember after the GFC reno planners wanted to attract more regular businesses and get away from gaming.Great thread, thanks 

so just because you would not want to live in a specific town for various reasons does not mean they aren't attractive to others and good investment opportunities. 

These updates made the property highly attractive to tenants.

Albany is also an attractive option to New Yorkers because of the price-point and proximity to nearby colleges.All the best!