Have an opportunity to buy a $500k hotel in an area that has some outdoor attractions and off a main road.

But what property produces that kind of net income in the first years (20%-40% of property value) to offset what a CSS accelerated depreciation might give you?

"Once that track improvements] happens, 'I can see restaurants, a grocery store and other retail with access to a new park with new athletic fields and a facility that is attractive to the Greater Baltimore community,' Cole said."

This might also make it hard to attract good tenants, and raise capital (if the market is notably high crime). 

They are typically cheaper because they are expected to produce a lower return 2) Very related to #1, they have less historical appreciation. 

There ad is very attractive.

Toledo has many parks all around the area, especially near the Maumee River which runs down the center of the city and attracts many families in the area to go for evening walks, bike rides, picnics, fishing, kayaking, and more.Not to mention the jobs that are here already and are coming, Jeep, Owens Corning, Amazon (Two locations), DANA and even Pelaton is bringing their first US facility to Toledo. 

Any attractive deal offered on CL, FB, Zillow etc in this sellers market should have plenty of interest. 

However, if your goal is high returns most Airbnbs should produce 15%+ CoCR and I don't see how you can achieve that with these costs.

After 15 years of experience in property management in Orlando and Central Florida our team has settled on the following conclusion:There are two types of investors and two types of property management companies, and they attract one another.The goal of this post is to hear the opinion of BP investors who are using property management companies.