Check out ocean lakes south Carolina, we have two there.

For instance, moving from Red Florida to Blue Detroit might get you slightly better returns for a while, but what about in a few years?

It is 3 doors up from Ocean access. 

Once they sold enough units and got under 20% rentals, banks started lending and property values jumped.HOA fees always go up and you may have special assessments hitting you out of the blue, particularly in an HOA that's been mismanaged.HOAs have retired people with nothing better to do than spy on neighbors and report them.

If you or RE want to argue that, you may do so until you are blue in the face.

Imagine you have a fish in the ocean that doesn't eat.

I believe you would likely attract more blue-collar low-wage/low-education individuals.

He's already put a tarp over the leaking roof -- exactly what I planned to do, except I would have done it in brown instead of totally obvious blue).  

when you have so many unknowns in rental properties. its all just blue sky proforma talk.. 

The outside drain still has some cast iron pipe with some small tree roots in it and I plan to get a plumber to clean and reline the pipes with that blue stuff.