Personally, I think the taxes are high and the services you get for your taxes low there.I know people that invest in Detroit but you must know the area down to the street and have excellent property management.However, I just talked to my CPA today about a referral he was sending me who is a client of his that has 30 rental properties in Detroit and selling them all because the City doesn't really help, charges for everything, and they never have given a security deposit back to a tenant after they stayed because of their behavior or lack of payment.

What draws people to Las Vegas?

Plenty of people checking out a couple days after...

It's nice to find a place where people get jacked up about cashing in early retirement funds rather than call you crazy!

This is important to me, because, due to the layout of my property (it is a HUGE open concept), I get a lot of people wanting to book an event space or have a party and they are located in the same city. 

I have a higher nightly rate because I can sleep more people, my taxes and insurance are higher.  

Are any of these, or other areas you have thought of, areas close to those places or those people? 

Tim - I think the appraiser may look at the assessor's office information to see the square footage, bedroom count, etc...

People need to eat and pay rent.

However crime is actually much less there than say Wilmington De and Reading has 30 k more people.