Raise the rent every year, even if only 1-3% to keep up with inflation.

These three sections of Boston are notorious for high crime, but prices have been on the rise. 

I am planning to keep this property for long term, is there a chance it would get affected by rising sea level?

Hey Kevin, sounds like a good deal but that rent seems inflated to me, depending on the location if outside the city.  

Rents are rising pretty quickly, depending on what area of town you're looking in. 

Seems like the definition of buy n hold RE regardless of if relying on cash flow or appreciation.Cash flow, in addition to having the actual cash flow reduced such as Las Vegas and Detroit (as two of the worst examples) in the Great Recession (GR), there are other ways to loose money including the loss due to not keeping up with inflation (most of the cheap Midwest areas), natural disasters (could be anywhere but lately it has been South exposed coastal via hurricanes and tropical storms (Texas, Loisianana, Mississippi, Alabama), Ca via fires (Paradise, San Diego twice, Ventura area), and tornadoes (middle of the country), and large beyond planned cap expense items (could happen just about anywhere but good due diligence and conservative cap ex estimates can reduce the risk).We had RE duplex (STR) in Gulf Shores Alabama that we sold after it was hit by 2 hurricanes. 

@Theresa HarrisGiven my areas demographics and rental trends (on the rise) I can rent for $1200/month.

Taxes and insurance rates usually increase every year, as does inflation, so if you keep people at the same rate you're losing $$ in the 2nd year and beyond.   

I think orlando is a great are between the disney employees and the rising demographic trends within the city.

---------------------Consider the bigger picture and you run into the fact that the federal government can print money, localities cannot print money, and therefore fed debt save for inflation expectations is irrelevant when analyzing state/local debt.