More control over your investment, no HOAs eating your cash flow (I always buy SFRs w/out HOAs), and more stable long-term renters (once their kids are in the school district, they won't move and they'll pay rent like clockwork).

I just bought a house with an old stone foundation in a historic district.  

I've seen several listings where properties were incorrectly listed in the wrong school district (worse than the one they were actually in so I'm sure it was unintentional). 

I prefer 3/2's in good school districts because there is usually a lot of demand for them.2) Are there specific types of financing that are advantageous for people using this strategy?

I know some things are coming in the future but essentially you are paying for the future improvements in the area and they aren't there yet.

We have a new small townhouse community under construction currently in our downtown area in the historic district. 

That said, I'm trying to figure out how best to start out while using my current assets intelligently.We currently own a home in a pretty desirable part of the city - just outside Brickell, a high-end residential/business district just south of Downtown Miami.

Sure, everyone wants a cheap, new constructions, that gets maximum rents in the best school district. 

Essentially, you want to pay less then $180,000 for a property that will earn more then $1,900 a month, and will cost you less then the current expense levels.  

The community is suburban Atlanta and has many quality neighborhoods and is anchored by a great school district.