(Not sure if buying an 18-24 unit out of your backyard makes sense.

You are not allowed to advertise with a discriminatory angle, but you can discriminate once you get a pool of applicants.

Thanks, in the case of this property I'm referring to the backyard, which is walled in and not visible to neighbors.

Since 2010 “blind pools” have had much more difficulty raising capital than those where a target property is identified.

A tenant wants a pool heater.

In the backyard, it is currently enclosed with a split rail fence. 

As I am investing from out of state, I wanted to make sure the area in which I purchased would be more desirable, so I could ensure a decent tenant pool and make it less likely for disputes to arise.

Even if the amount of housing stays the same, if the buyer/renter pool shrinks then it changes the equation dramatically

The higher end of that range would be appropriate for an RV park with daily traffic and a full package of amenities (pool, clubhouse, sport courts, premium landscaping, etc).

@Jodi CampbellIf the PM company signed a year lease at $300 under market right before you close, that is indeed "dirty pool."