Personally, I like the midwest class B and C buildings for long term rentals servicing blue and white collar workers, and even section 8 tenants.

This is why we have been planning on moving to western NC in the mountains as short term rentals have been successful there for a long time now and with so many outdoor activities, blue ridge parkway, ski resorts, and nice towns and cities etc. we feel this would be the best place to start. 

I grew up in a blue collar environment and transitioning to a white collar environment can at times feel out of place.

Purchase price: $1,200,000 Cash invested: $1,200,000 Sale price: $1,975,000 7 cottage units in Ocean Beach community of San Diego, brought in two major investors one of whom is Tony Hawk who surpassed 1B in sales of his video game while we held this asset.

Unfortunately, they're giving me the San Francisco landlord-tenant blues.

Anywhere in Blue Springs, Lee's Summit or Johnson county is good, although more expensive. 

On top of that, neighbors are all homeowners and they've told me over the years they don't want renters nearby precisely because of problems such as lawn care lowering their property values, My having a landscaper who's also a neighbor kept them quiet.That's the politics of lawn care.In the old days, I used to rent to rent to blue color types who knows what lawn maintenance is and what makes sense.

The first thing people cut from the budget in bad times is the vacation, and Myrtle Beach is a blue collar vacation area. 

Bought him a set of screwdrivers, drove over one Saturday, and showed him how to tighten the doorknobs.So, I finally settled on couples, preferably blue collar.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $246,000

Cash invested: $50,000

Rental property via Airbnb