I currently live in Corktown (immediately west of the Detroit CBD), so I'm pretty familiar with the actual city (although not so much the NW neighborhoods that Saul mentioned).  

The current management company had a tenant who was selling CBD or whatever , which was supposed to be on the up and up anyway raided and arrest were made.

For a final project this semester, I analyzed an investment deal in the CBD of San Antonio, writing a 16+ page analysis report using ARGUS software for the proforma and sensitivity analysis.

For example: a retail building located in the CBD and leased to Pep Boys with 15 years left on the lease might achieve a 5 - 6 cap on the open market whereas an industrial building leased to a mechanic with 3 years left on the lease is probably 10 - 12.

The walls are cbd.

Do you by any chance know what does "CBD" stand for in "CBD multifamily"?

Months ago for buy & hold investment, we bought a small 300sf freestanding commercial property on 2000sf lot that used to be residence then barbershop then flowershop then unpermitted cbd brownie shop then beauty salon now vacant.One thing I overlooked until field underwriter for insurance came banged car door on the curb edge (she called it the reveal) then tripped trying to step up onto it.. then measured it and said its 16" and the maximum supposed to 8" so they can't insure it as any walker-by even if we just get investment holding insurance may get hurt and sue owners and the city to collect from whomever or both.I asked the city and they said they don't plan to fix it. 

Positive cash flow deals are very hard to find unless you are looking to go out a little more rural, about an hour to hour and a half from the CBD.

So far we are looking at; both student flats and family homes in the Roslyn, Takaro, Awapuni, CBD and Kelvin Grove areas of Palmerston North; single family homes in Kamo, Raumanga, Kensington and Hikurangi of Whangarei; and both student flats and single family homes in areas of Otago.

There is a lot of focus on the communities south of Dallas and significant money being spent on roads and other infra-structure that will allow future growth in that direction. 4-5 years from now it will be significantly closer (time-wise) to the CBD that anything price comparable to the north.