I've left a bunch out, but I have considered target markets (military and students), exit strategies, crime rates, school zones, flood plains, etc. 

Lubbock has always been a little behind on all trends, so it's always a bit more "old school."

Especially if you've been to the school of hard knocks or have some similar education under your belt.My wife and I bought a 23 unit run down garden motel.

It will go from looking like an old 'WOBBLY BOX' trailer to a quaint beach cottage and will mix in well with the 92024 zip code which BTW is one of the highest valued per capita zips in San Diego County.Sure it will cost me 175k plus 1k/mth to purchase, rebuild and sub lease this home but the good news is I can get about 2500/mth on it while it continues to appreciate due to is very desirable location of less than 300 feet from Beacons Beach; one of the best surf breaks on the planet.Like I said everything is relative.

The local "mid-range" homes in the cities with top rated schools generally sell over asking price.If your calculations are good and account for all issues, asking price isn't all that relevant.

I also stay away from downtown Brantford as that is either student rentals or otherwise the school zone is not that good so you won't get the long term nice families (yes there are exceptions I know) but that is my take on this market.

Consider how many of those students such as grad students are working to pay their way through school versus the kids in the big complexes whose parents are most likely paying the rent.  

I mean it's feels about like trying to make new friends after high school lol!

Our son has just started his A school for Sub service and once he learns where he will be stationed initially, we plan on working with him to get a multi family property and getting him started early with REI.I just wanted to welcome you to the site and thank you for your service.

On zillow I found a triplex for 120k in New Brunswick NJ near my school.