By the way for those that are curious, the property I purchased is located 3km away from the CBD, but its an old apartment, roughly 50 years old, but doesn't need major maintainance.Salaries differ greatly as well compared to a developed country.Teacher working for the state roughly makes 1100-1200$a month, police officer 1400$, minimum wage is around 430$ a month, you get the picture.

Rich Weese - This might help: http://www.urbanspoon.com/nf/17/1615/1613/Denver/Downtown-CBD/Coffee-Shops

In the CBD (central Business district permit don't transfer but can be easily obtained (administrative).  

I remember the CBD stores turned into dispensaries almost overnight.

We now know what a "fantasy suite" is and what the greater area thinks are the best CBD products. 

I notice there are quite a number of meet ups in various states, so wondering if there is any demand for an event in Melbourne CBD?

Their apartment underwriting report for the CBD is the exact opposite of what you would think from reading the news.

Land- Development- Green field, Infill land, brown field landOffices- CBD and suburban office buildings. 

Driving the neighborhoods is definitely your best indicator, crime heat maps, etc.I don’t know Lake Worth that well, but I believe the worst areas are south of Lake Worth rd, west of Dixie Hwy.WPB, worst areas are just north of the CBD, again west of Dixie...like 7th st up to 25-30th st.  

.” – Urban Land Institute“Some investors see CBD bid/ask spreads starting to tighten as sellers become more accepting of a moderation in pricing.