You wouldn't just have no equity but negative equity, however unless rents take a dive too the property would still cash flow, even if not as much as other properties that would be available. 

Would be interesting to chart this with a color code of how 'red' or 'blue' a city is.   

Never let them paint or you may find very bright colors!

I know how to distinguish and have a sense of the drug dealer and his crazy girlfriend compared too the mom and dad who goes to work and pay bills to make ends meet.

Hill and was fought tooth and nail to maintain it's zoning to keep as a 7-unit building.  

@Alexander Chavez I chose all the colors and finishes, see the numbers below.

I slept on it and I reserved a dual motor the next day, and then the day after that I decided on the other 2 models too.

The Act prohibits discrimination in the sale, rental, and financing of dwellings, and in other housing-related transactions, based on race, color, national origin, religion, sex, familial status, and disability.

I have seen  new investors here in Phoenix re stucco perfect stucco and color.The color that is all ready on the house is neutral and good looking.But they were thinking that another $13,000  would just make the house better!

I own a corner lot (.25 acre with a nice backyard), the tenants were drawn because of this too.