If you can find a 3/2 basket case to buy cheap and then put it back together in a cost efficient way, you could flip it after a year or two, then repeat. 

Day night and all in between looking for ANYTHING that could be a red flag (gangbangers, graffiti, broken windows etc) When I see kids riding bikes, fruit vendors on the corner, you know its not super terrible. 

But, attorneys typically look for the low hanging fruit when they sue.

I don't like it when the local economy has all its eggs in one basket like that.I do a Google News search of the city and town I'm looking at. 

We still purchased that new construction, but was also able to close on a property that was in a rapidly developing area so all eggs arent in one basket.

Option 1: Careful putting all your eggs in one basket. 

But if there is a way that I can't put all my eggs in one basket with a market that has not a very good reputation with forums and sites that ranks Cleveland as a city of last choice, why not ask for opinions of people who know their markets well, their advantages and disadvantages?

The merits we've thought to both are: fewer properties = fewer tenants but more eggs in one basket; more properties = more diversity, fewer eggs in one basket, but, more tenants = more headaches.

More importantly, I had a success that encouraged me to continue investing.Trailers are a low-hanging fruit.

Hopefully you aren't allergic to fruit and that helps.