Lastly I would look at the desire for the community wanting to rent vs. to own - certain cities it's a similar cost so they'd rather just own but that's not always the case. 

It's more energy efficient to adjust the thermostat a few degrees from the normal desired temperature, when someone is going to be gone for hours.Reason being, then the system will occasionally come on throughout the day to maintain the temperature. 

Newly renovated 4 bedrooms 2 bathroom single story home in a desirable neighborhood.

Newly renovated 4 beds 2 bathroom single story home in a desirable neighborhood.

BRRRRR each house or MF to get to the desired amount of units.

West of 288 will have low returns because you're talking about very desirable areas (midtown/montrose/heights/kirby/rice/etc.), though you'll not be killed by a bad manager as there isn't as much riding on their quality if it's a good area.I have a lot in 77006 but I also but a lot in 77004 since you get more bang for your buck and it's clear that area is getting better.

On top of all this, it is located in the highly affluent Marin County and is in a desirable water-front location."

I keep reading articles about how companies are changing their plans to accommodate the, now common, desire to work from home.

I’m currently interested in and considering buying a duplex in the 48202 zip code of Detroit, said to be a “newly desirable” area to consider.

I was commuting to Long Island, Manhattan, Statin island every week in one of the most desirable towns in the United States while only paying $500 out of pocket per month becuase our tenants paid the bulk of the mortgage.