I'd suggest you look at a large public housing development and the issues of public perception, which steers your marketing abilities regardless of rent pricing, low, low-moderate or moderate.You also end up competing against yourself, one unit will always be more desirable, you'll learn to stager rents and not show some units until others may be rented.It's great to go in and redevelop an area, improving and increasing values, but it's not just dependent on the dollars like looking at the ARV of one property.

Due to this grant experiment and our culture, financial systems, rule of law, ect, we have trained vast swaths of our population to think that it is ok to dare greatly, to take risks, and bold strike out on their own with less fear of failure, societal stigma, exclusion from job markets than in most other places and most other time periods.

But maybe a more important question to ask (from a real estate investing point of view) is this: What's the public perception of the level of risk? 

@Chris McDonald - I wrote a blog that will help you. https://www.biggerpockets.com/blogs/9232/55313-intro-to-section-8---your-perceptions-vs-my-realities

It is the perception of an investors risk of that submarket or neighborhood. 

Make for a terribly co-dependent population and only furthers peoples problems, and hence our societal problems.   

Of course in reality this is not always true but it’s a perception that exist.

But I know the tenant perception can sometimes be that "local is better".  

It is the same cost to the tenant, but the perception is that they are getting less for their money for the $2150. 

The only time they want to hear from their landlord is when you are fixing a problem.The problem with giving gifts is it gives the perception that you have extra.