Even then you are probably better asking lower rent than your competition.

While I've never lived in Phoenix I find it hard to believe that Tucson has a lower affordability rating than Tempe, Scottsdale or Phoenix proper.

Lower sales volume results from lower inventory which results from rising prices.

Some entitled people on here think all lower rent properties are slum lord owned.

., will be back on the market at a way lower price.

Your best bet would be sell the land as is  and buy somewhere around there in a place with lower taxes . 

A good broker will FaceTime on site or send video walk throughs and will help shepherd the application process through, in addition to having specific local knowledge.FYI streeteasy started charging brokers to list rental last year and so it's not complete, particularly at lower price points.

Your returns on invested cash are lower as well.  

I would stay away from the lower mainland for the next few years unless you truly find a deal (or create your own deal by writing letters to home owners and see if anyone is willing to sell at a discount). 

In addition, look in Attleboro.Acquisition prices are lower, and so are the rents - but I frequently see MFRs that meet the 1% and even 2% rule.Check the crime heat maps on Trulia to get a feel for the neighborhoods.BTW, New Bedford has done a really nice job cleaning up the waterfront.