I know Eagle rock is the place to be, but also the other one also pays for itself.Eagle rock has a long way to cover its own expenses as the other 2 tenants pay so low rents and does not seem like they will be going anywhere any time soon, so I am not sure if I invest in the Eagle Rock property and carry a large negative for at least next 10 years or go with the Bread and Butter property and stay in a not so good neighborhood.What do you guys think, a better neighborhood or an easier investment in a not so good area?

Different people will desire a different 'vibe' so to speak in their neighborhood.Great question and article I hadn't even heard of this by the way.

I like your advice about speaking to many parties before taking action.  

As to the extent positive or negative social media attention will influence your business, I can't comment, but it would be naive to think the influence isn't there.I think everyone is on the same page about enforcing the lease, I just think the way we go about it can vary greatly.

Hey @Steve DellaPelle - I'm not speaking from personal experience here just my opinion, but I'd say that this depends on how heavily weighted each benefit is to you.

I also thought it was an undesirable area, but after speaking with a prominent investor who owns there, he said that the property has been one of his best cash flowing, least troubled assets in his portfolio.

We have full-time staff in-house, but many of my friends that don't use them and love them.Disclosure:  I never have, so only speaking via referral!

I think it is smart to have a minimum cash flow goal, because anything less than $100 - $200 per door could easily be eaten away by higher-than-expected repairs or utility bills... and then you end up in the negative cash flow zone.

I would say that generally speaking, the rent ready homes in good school districts are out of your price point.

In other words, I refuse to ever be blind to suggested negative about something I believe in.