However when I researched about the neighborhoods, each one of those happened to be lower income neighborhoods with not so great schools and that was the reason ( in my mind at least) for the price to be little cheaper and numbers being attractive (12-15%) I am little concerned about investing in such properties simply from vacancy perspective.

I'm most attracted by Buy and Hold right now as I love my current job and I'm looking to invest only in my down time. 

Just create an attractive advertisement and headline and make sure to re post every day?

To me US investing is getting less attractive by the day.

Print media like newspaper classifieds tend to attract a lower class of tenant.  

To generalize, positive cash flow for safety, then consider ALL of your sources of profit (value add, mean reversion to historic price & rent trends (which could help or hurt you),cash flow from rent, etc.) and timeline to determine if the TOTAL investment returns over the complete life of the investment and if that total profit looks attractive compared to the risk then pull the trigger ... much like how a multi-family investor will project cashflows throughout the lifetime of an investment and compute IRR.

Assets in your name tend to attract shark attorneys.For solid info about DIY trusts, visit nolo (dot) com, and also research: "using land trusts to buy and sell real estate" via google.  

The location is ideal, right by a major hospital which would be attractive for the many renters who are employed there.

It's the rare worthwhile applicant that will be attracted to a unit that shows poorly.

Looking to connect with other like minded investors in the valley.. I have been doing Real Estate successfully over the years in AZ... Let me know how I can be of service as I specialize in off market proeprties, via ...