However...not turnkey, and you've got to know the sub-neighborhoods (or micro markets) as things change very quickly block by block.

This is not '09', the world has changed.

As you probably know from also living in the area, values can change dramatically from block to block, so it might matter most how you feel about the outlook for the specific area it's located in.

In other words if they are all acceptable places from an investing point of view, change your perspective and look at the other things they have to offer. 

Hi Joshua, the amount of down payment also changes with the cost of the property, so starting with a less expensive property may be smart (for multiple reasons).

This again has to do with how well the model is changed.

The OP could use it as a template and change it to 30 days and reference the correct county law, or no county at all.

If the boiler is functioning fine, why change it?

The core principles in The Book on Rental Property Investing still hold up, but higher interest rates definitely change the game.

That seems to have changed.