Will Long Beach become the new hip beach town? 

However often the properties are not really in the better parts of town and don't always attract the best tenants.I've always thought real estate is not as passive as people will make you think and maybe the buyers want. 

Maybe it's a small town and there are very few homes available to rent and there are several families that would rent there if there were available homes in their price range. 

Quote from @Laura Morlock: I have an opportunity to purchase a very beautiful and unique property - striking century manor house directly on the river, 1.5 acres, huge detached garage/workshop, in a quaint little town 15 mins to two major cities and a little under an hour west of Toronto.I know the property inside and out, it's turnkey, and I would love to own it, but I don't know what to do with it.

The only concern we run into is occasional foundation issues near the river, towards the south east side of town.

A 2 bedroom in town verse a 2 bedroom that overlooks water are completely different things. 

Slim just left town.

This is my second step into this world.Quick introduction about me:I'm 28, I live in a small town in Quebec, Canada.

@Abigail King I invest in several towns in central IL, and am interested in adding some properties in Peoria to my portfolio as well. 

I am interested in neighboring towns near New Albany.