This was my biggest stumbling block, and I'm going to try some of these methods out.

Adjusting to the new reality of normalcy will be a painful process.On the one hand, Federal Reserve officials, Federal Government officials, many Wall Street executives and salespeople, believe it is "necessary for our economic security" to return to that place of easy credit.

I'm rehabbing a home right now in a neighborhood with ARVs that range from $325 - $425k but one block away the homes are $1m+. 

A few years back my father had some kid throw a solid block of ice at him walking out of Store 24, totally unprovoked and he ended up almost losing his eye. 

A suburban strip mall that provides needed local services (e.g. dry cleaner, nail salon, variety store, coffee shop) is going to be much more stable then a declining neighborhood which can only attract payday loan & burner phone stores (how many of these do you need per block!).

Location map used Delorme Street map data from 2009 (since then a new overpass/exit was constructed from the interstate that passes 1 block from our building to provide quick access to the highway which dramatically affects its location considerations.4.

This is starting to become painful... 

@Matt Shields This is painful. 

These guys can be a pain to deal with, but remind them that this is residential remodel work, not new construction.

Our portfolio also was based on BRRR and we were self managing and thoroughly enjoyed once we finished the property only to have our new tenants put baby potatoes down the drain or block the toilet or break the washing machine only to spend a Saturday or Sunday trying to get someone to fix it.