I know some people considering neighborhoods in NYC which aren't that great but they hope will one day be the next up and coming neighborhood but in the mean time, they'll have to contend with tenant issues. 

We haven't been inside it yet, but it is a new contender.

He argues that Toledo City Council does not have the authority to outsource enforcement of a city ordinance to another government agency, which in this case is the Toledo-Lucas County Health Department.City officials contend that thousands of children continue to test positive for lead poison and they point to testimony from health-care officials who blame Toledo’s blighted housing stock, much of which has become rental property, as the source of the poison.For Toledo children, especially those who are predominantly poor and live in rental properties, the situation of lead exposure has become critical, health experts have said.Despite legal challenges, the city has moved forward with enacting the lead-safe certification requirement, which was set to be implemented through a 10-phase process.Properties identified through the census tract as having the highest risk of lead exposure are listed in the first phase of the lead-certification requirement, in which the deadline was supposed to be March 31.

., But it's the actual Home itself (The interior & Exterior structure of the Home is made with Patented ECO Custom Products which includes the Interior & Exterior walls, floor, ceiling and roof the whole house is all made with 2 x 6 and is R42 renewable products, house is Water & Fire Resistance Mold and Insect Proof, and no exposed wood to contend with in 20 years).

They also don't have the teachers unions to contend with in India, Asia, etc. that America does, but I digress. 

Round Rock, Austin, and Lakeway were the contenders.  

Some of them may have their own rules about interior remodels that you'd need to contend with-independent of the other advice here. 

I would contend that this depends on how you wholesale a property:- Double close, one is buying and selling it immediately.

I'm analyzing 2 properties as serious contenders for my first deal (long term rental).Would you pick a lower CoC in a "better" area or a higher CoC on a "lesser" area? 

Think of it this way: if there is a second, or third offer that is the money the seller wants, and the buyer is qualified, why would they take a chance on alienating that buyer to contend with several other lower-priced buyers?