The property is in a Historic District in DC, which we are told it would be extremely hard to obtain permits to convert back into a 2 unit property.We have also been told that since there isn't a second door in the front of the property anymore (which with the new laws a second door cannot be added again) and because the basement divider wall has been removed the property cannot be grandfathered into the old laws and we would have to go before a board to be approved and that this would be extremely hard to do.We agreed to buy this property based on the fact that we could convert back into 3 level 2 unit property.

The high school is one of the top 3 in the district, and the district is one of the best in the country, so families WANT to be in this high school cluster.

Some background reading concerning the efforts of the NJ State AG and Department of Justice for the district of New Jersey in Hoboken would be advisable.

We have one such School district here that is in demand.

@Kai Van Leuven go to the city and see if they recently implemented an overlay district or revitilization zone in the area.

Find out if she's willing to do that for 3-4 years, then you guys could have multiple multi-family investments, then buy a primary home in a good school district when your son or daughter is about to start school. 

I know school districts are a big indicator and have also read about looking at the city planning website for future developments...but not sure what to look for specifically. 

Then the people with families will pool in the areas with good school districts.

The employees that have families I think are likely to end up in good school districts in Arlington, parts of Alexandria, Springfield, Rockville, Bethesda, Potomac (primarily west of 355 in Maryland except where the Walter Johnson district stretches east of 355), Fairfax, Falls Church, a bit into Reston/Herndon.

I think crime rate, school district, location (proximity to freeways, shopping, grocery) etc. is important, is there anything else I should look for?