Look for market trends and you'll become wealthy if you employ the information.

One thing I also agree with Grant Cardone on is that you want to be in a market that has some appeal and exposure to the rich, especially the international ultra wealthy. 

Funny that around the same time he had been falling behind in rent so ended up moving anyway but be careful of blowing it completely off, as you see in comments in some cultures these silly ghosts are seemed very real and as crazy as it may seem no one wants to be on the wrong side of discrimimation law.

Personally, I also have nearly zero control of my stock market investments.Real estate on the other hand, APPEARS to be open to the non super wealthy among us, willing to put in the time and effort to learn the nuances.

The residents who are upset about beach vacation rentals are wealthy, longtime owners of million dollar real estate.

My Wife Kimberly Moses is a Agent here in Vacaville CA, (Vaca Vally KW office) I love the culture and attitude that KW creates.

Look for infrastructure and transportation investments, arts/culture and internet access

I don't know that market, but down here a big concern is all the wealthy retirees moving down from big cities up north.

Though, even within Mid-City, there are a few ultra wealthy areas. 

If you were wealthy or owned a business that loaned money, how would you feel if someone came to you with no experience and no money and wanted to buy a multifamily property with 100% of your money and then rehab it with 100% of your money?