".....it is a dying region the demographic situation is serious lots of old ppl...."

More on that later, because its not always a bad agenda, but we need to start with the fundamentals assumptions....I pretty much stop trying to argue with people on here for the following reasons 1) if they think so negatively of this demographic and the "headaches" that go along with it - the tenants don't need landlords like that in their neighborhoods and I don't need to spend time convincing them 2)  I don't need to try to learn or convince people who are diametrically opposed to how great this is.

I would think it would depend on the demographic of that area usually. 

Measure risks and liabilities with each location, housing type, and tenant demographic.

Changing demographics have made condo conversions the main mechanism of appreciation for those assets.

I do foresee a fall in single family/condos though as that demographic is more service industry, etc. who will have a tougher time. 

It was rightfully known as a crime infested ghetto run by inept politicians that are desperately trying to cling to power with a changing demographic base. 

This demographic of newer investors don't have the time or desire to do the day to day.

What are the sources you consider to decide which market is best for long term returns and equity growthThe main criteria I use when evaluating a market in addition to whether the market cash flow well are the overall economic and demographic fundamentals.

I use City-Data.com a lot for crime maps, demographic statistics.