That being focusing on stronger neighborhoods and higher quality assets.

Maybe, but so far the reports are about neighborhoods where people have real money.

I have 3 MTRs in the same neighborhood as you it sounds like.

@Tanya Maslach "I came away with several neighborhoods in Ohio"Ohio is on my radar for MTR, specifically rural areas in Columbus/Akron/Cleveland. 

True, I am 100% with you on that.The point here is, when you analyze, you do based on what you know now (what is known as a fact today) and on what is highly likely to happened (again from today) and to accept the fact that things might change tommrow.Life happened every day, that’s why  we need to stay firm with our direction but flexible with our approach.having lived through the HORRORS of those years fully engrossed in the industry almost nationwide... it was regional on who did well and who had troubles.. no question well positioned landlords in Portland for instance no issue.. 

So, to get 10+% cap rates, are you open to buying gut-rehab, Section 8 properties in C/D neighborhoods in the Midwest?

Timing, interesting neighborhood How did you find this deal and how did you negotiate it?

You need a skillset that you can manage tenant's expectations and enforce the lease with a professional but firm manner.

Portage Park is definitely a prime-time Chicago neighborhood @Delroy Watson! 

I think you will need to look at fredericksburg or further away - and most likely a property that needs work.You can find some on the maryland side but be careful with some of the neighborhoods those homes are in.