The older homes in my neighborhood pay over 2K, while mine is under $500 because of the increased elevation. 

I have some neighborhoods where I know the 'gorgeous big trees'  can be a big problem and I'm careful to get them out of there before they become a problem.But guess what?

I want to show that you can find cashflow in nice areas of the north side if you look hard and get creative.I just brokered a 3 unit in the neighborhood SW of north and western intersection in walking distance to the 606 trail and Western Blue Line stop.

Here's what I'm working with...The property is a late 70's 1800 sq ft brick single family that sits on 1.75 acres surrounded by newly developed 1600 - 2200 sq ft homes which are zoned 4 homes per acre in what I consider a B+ neighborhood.  

I know for single family homes, it would go by comps in the neighborhood, but apartments I know are different.

If you don’t mind my asking, what neighborhood did you decide to buy in and why?

Good or bad for the community and neighborhoods?

Stick to what's appropriate for the neighborhood. 

Drive around your neighborhood and look for vacant properties.

I live in Allen, and prices for 1300 sqft 3/2 in my B neighborhood have gone up dramatically in the past few years.