But my tenants are pipefitters (they can change a hot water tank), boilermakers (can change a hot water tank with their eyes closed), electricians (can replace a fuse box with a breaker box), electrical crews (can wire a 2 story house for cable tv), scaffold builders (can trim a tree with a pole saw), welders (can replace the factory exhaust with a custom stainless steel exhaust on a riding mower), construction foreman (can add a bathroom counter and vanity).

You can have success in any market, but you need to know what you're getting into with lower end markets/properties before you do it, and choosing a market just because of the price/value factor is not where you want to start.The FIRST question you should be asking is "what do I want my investments to do for me?".

Imagine a 6200 seat amphitheater surrounded by Yamashiro's only location outside of Hollywood, Sugar Factory, Poppy Rose and host of other restaurant's. 

The other key factor is that when STRs were in high demand, a lot of people jumped in thinking they were going to just list it online and the money would roll in.

If you see China shut down all businesses and imposed draconian measures in Wuhan in January, and is only now starting to reopen some of their factories (about 2-3% of all businesses). 

Theres much less chance of this scenario if the Plumber goes a "change out " of a fixture4 No plumber worth his salt will do a "Band Aid " repair or restoration.Personally if a client wants me to do a half assed or Mickey Mouse repair job that is unsafe or with impede or jeopardize the integrity or soundness of the house,,,I will try and explain the need another way and try and sell the work again,,,if the guy wont listen to me and take my good advice I will walk,,,"sorry we didnt have a meeting of the minds Sir,,,please fell free to get another opinion,,,"5 Fixtures and plumbing materials installed in tract housing were better than nothing ,,but not much better,,,its time to change that old stuff out ,,lets face it.Other thing is,,,todays fixtures are much better in quality and function,,,case in point ,,,the new Pressure Balancing Shower Valves from firms like Moen,Symmons and Groehe,,,,grandma and little kids wont get scalded by hot water in the shower anymore6 The Swiss have a saying "Buy the best and you buy it once" or something like that,,,,,,same goes for plumbing7 If your Plumber has the same damn fixture installed in his own house,,,whatever the Hell it is ,you know damn well its good,,,hes seen it all,,,,,,and quess what busy plumber dont have time to work on their own damn plumbing,,,thats the last thing in world they wanna do8 Stay away from the "1/2 Plastic Junk" Faucets they sell in the Home Centers,,,,I wouldnt put those crummy faucets in my grand daughters "dollhouse"/Nor would I install one in my worst enemies house.They have integral leaks from the factory and they slip fit plastic fittings on the water supply tubing blow apart under pressure.Stay away pilgrims.Bad idea,,,,Hope this helps gang.Happy New YearDD in Los Angeles

Is this all this price hike because it's less than 20 miles from the proposed Tesla factory?

The real deciding factor is not so much the math but rather what goal you are trying to achieve (return on your investment vs a home).

Over the past couple years I became attracted to big, complex, and challenging projects (see: Buffalo Central Terminal, Pontiac Phoenix Center (my Architecture thesis), the Buffalo Wonder Bread Factory (possibly my next thesis), and more) - what most people would refer to as “opportunistic investments”.

How about the backbone that powers supply chains, truckers, factories, utilities, hospitals, financial systems, etc.