Toledo would be well advised to use the same approach as this would net both private and investment properties as well as identify those the public identifies as an eye sore.Parting thought for you - below is a recent lead paint article that was published 1/25/2023 and from my view is the reason we will never see a city devoid of a lead paint ordinance...children are being lead poisoned and this is not a result we can permit or promote as a society (what you permit, you promote).My personal portfolio is lead-safe certified, the process is pretty simple provided the structure would pass a Sect 8 inspection, and I am very supportive of our LMHA voucher program so they are all renovated to that standard anyway.https://www.13abc.com/2023/01/...TOLEDO, Ohio (WTVG) - Toledo City Council passed an ordinance that declared lead a public health emergency and replaced the existing chapter of Toledo Municipal Code with a new one aiming to help those impacted by lead exposure.According to the World Health Organization, no level of lead exposure is safe and it can have a devastating impact on children.

As a society we have "agreed" that we will aid those needing assistance to better their lives.

There may be good deals in any of these locations but you need to know the type of area in which you are buying and the return must be consistent with the location risk.Urban SprawlSince investment properties are held for long periods of time, understanding the potential impact of urban sprawl is critical.In every major city I’ve seen there are areas which were once the best location to live and over time became distressed areas.

There is a box that society lives in, and investors live outside of the box.

If it is you'll have to deal with the historical society for any exterior renovations and cannot vinyl side or put vinyl windows on the house.

This might be hard to see for successful investors, but the biggest segment of our society is not doing well financially. 

Suburbs are okay but if it's like an hour away from a major urban center, everything gets tougher (due diligence, finding qualified people on the ground, houses sell slow etc)Just doing the 5 things above can often bring your list down from an overwhelming 100+ notes to maybe 5-20.

In this case rents and property prices will likely fall over time.Another factor to consider is urban sprawl.

(This coming from a Denver urban snob.)Good luck!

There is a lot of Dallas transplants there that are used to paying more money (FIL is one of those) but its not exactly urban sprawl either.