The median sales price in the City of Austin rose 2% from a year ago, coming in at $573,400.

@Aaron Raffaelli we call all the cities that touch Detroit, the Ring Cities - except the Grosse Pts.These cities are mostly Class B and are solid rentals.Detroit overall has gentrified to Class C, but at least a third of the city is Class D still.Check out the interactive map on our website and watch for whats coming...

However I've seen 1 bedrooms go for $1800 in the nicer part of the city, so this is for the majority of the C+ / B- apartment houses in the area. 

I dove into real estate as a college student, working in New York City as a real estate agent during the summers.

My property is in Baltimore city.

I retired 10 years in and my wife 14 years into the journey. 85 % of my portfolio is 200 year old converted city row homes that are maintenance monsters and we still have enough cash flow to retire from our W-2.

Then there is city approval and whether they want a 2 to be a 4 (seems like the nearby properties might support it).

.- It's impossible, given the daily little decisions that have to be made dealing with tenants, maintenance, paperwork, cities, etc.So, how much control are you really willing to give up?

One land speculation I bought 4 acres in sonoma County CA ( wine country) in 96 for 27k it was unbuildable at the time ( could not get a septic system on it) Well city grew to us The Graton Casino comes in right across the street and we sold a few years ago for over 2 mil to a land assemblage investment company.

Certain areas of the city have outlawed airbnb but others allow it.