It's stressful but you need to compartmentalize your problems and focus what's important - your growth and goals. 

The Partners get NO interest, but instead we split all cash flow and equity growth 50-50.

Since you're down half that balance, you would "lose out" on half that growth ($3500). 

These parameters will help decide what kind of yields you are searching for, which you can use to filter down your list of macro markets.Then I would start by looking at the macro market's fundamentals, that is the population, job and income growth over time.After that, I would look to see what the rents and home prices are and how those are trending as well.I would do a similar analysis, but at the sub-market level for the metro area you are considering investing in.Other metrics that I find valuable to understand are household income, poverty, unemployment, and educational attainment.

High taxes and declining growth prospects for those cities make it a tough sell from a growth or cashflow perspective.

Recent and future job growth hihh2.

My main focus would be to manage the managers, and grow the business and expand the number of locations. 

From what I can tell he buys 2% near flood zones with a bad local economy and population growth.

I was impressed with the city as a whole, the job growth, and other factors.  

It is the beauty of tax-deferred compound growth.