Or are you purely looking to go the conventional route only? 

Additional demand= 200.Based on a pure additional demand Cleburne looks like the better deal. 

@Albert Bui @Carlos Valencia There is no offset when you live in the 2-4 unit remember its a full HIt to your monthly PITIA and yes you can use the rental income but only as an addition to your qualifying income, you're still taking a FULL hit on the PITIA.Its only offset when you vacate or move out or it has already been converted to a rental (pure investment/non owner property). 

For someone that is purely a passive investor looking to make as much money as possible, I agree that real estate is not the best place right now.  

I'm originally from Western PA as well (Slippery Rock) and now reside in Atlanta.Here is how I am looking at it along with the assumptions I am making:1) I think the growth prospects are better in the Atlanta market than Pittsburgh from a pure demographics standpoint.2) I estimate your return on equity at 7.2% currently3) Over the long haul appreciation is going to take you further when it comes to net worth than cashflow will4) Doubling of the roofs is doubling the expensesThings to consider:1) What is the year built of your Atlanta property vs. what you could replace it with in PGH?

But dubai is a city full of opportunities so dont base your decision purely on my thoughts.good luck with your decision

We've got many clients that buy them as pure rentals also. - The FHA 203(k) loan is a great way to buy a MFR as it allows repairs to be included in the purchase mortgage.

My allocation I mentioned above is purely what I would do based on my current financial situation.  

This information is purely education to help me understand the income section of a property management profit and loss.

Generally, tenants don’t have the right to demand relocation for purely cosmetic improvements, nationally.