Anacostia, while considerably better than it use to be is no where near class B.

That is a great list of considerations for what most investors are looking for.  

They will (should) use different comps and take into consideration things like higher end finishes and remodels/renovations.It never hurts to meet the Appraiser when they arrive and present them with your own Comps and list of things that add value to your property....

@Sharad Bagri When structuring a partnership for your real estate investment, here are some key considerations:1.

I don't know about Memphis but I also invest in Indianapolis and my property taxes went up 17% this year.Another consideration: Nevada has low property tax rates and is a short flight or long drive away.

I most want to avoid spending considerable time showing units in-person to prospective renters, esp. before we've pre-screened them.

Can Only a PART of paid OPTION Consideration Funds be NON Taxable ?

So make sure you take all those costs into consideration.  

Choose the right property, manage tenants, and consider space considerations.

Quote from @Dan Gandee: One more thing: don't ever hand over cash until they've vacated the property.It's sad that this is even a consideration. 400 units under management and I've never paid a Tenant to vacate a home.