If you are really busy with your career and family you do not want a headache property as the extra few percent isn't worth it.If you do not need the cash as much today and have high income then a mainly appreciation area with higher prices and the tax write down will be a good possible fit.If you need that cash flow to jump off to other properties and build up then you might choose a little but less desirable area with a mix of cash flow and appreciation.

I don't know about all hedge funds but the ones I work with are buying a mix of cash-flow and capital growth with very strict rules.

I think you are mixing your short term goal with the long term and eventual purchase of the tenant/buyer..

In fact, I have both in one building - a mixed use property with retail on the ground floor and residential above.

I have mixed feelings about condos.I like that the exterior maintenance and exterior building repairs are taken care of by the condo.

There does seem to be a lot of opportunity for flippers here from what I've heard in older/eclectic neighborhoods.

Are investors holding properties as rentals or rehabbing to sell at retail (assuming there is a mix, but is it weighted in a particular direction in this area)?

Assuming you mix your car use among business/pleasure/work and you don’t keep track of the exact milage.

In general, are the majority of absentee owned addresses (purchased from ListSource) going to be rental units or is there balanced mix of homeowners who just are not currently living at these addresses.

If I was in my 30's, I'd probably want a mix.