With 130 municipalities just in Allegheny County that are all mostly different in terms in culture and folks living there, not to mention the 90 neighborhoods within one of those municipalities (City of Pittsburgh) I think it would be nuts to be an out of state investor investing here, but hey that's just me.I'm sure many other midwestern cities are very much the same in terms of having varying neighborhoods

I’m not in the market for Ag Shacks or Stealth Dorms, but there are some in my neighborhood and many of the neighborhoods I get calls from for my foundation repair company.They must bring a good return as they keep getting built.

My day job is a home inspector so I see a lot of properties and know a lot of the issues that I will typically find in different homes based on their age, style, location, ect.

It is located 4 minutes away from the Indianapolis Speedway, 10 minutes away from downtown, and resides in a C-class neighborhood of Indy. 11 abandoned mobile homes (1960’s and 1970’s models) on the premises.

Houses in our neighborhood are close to $300,000.

@Juan M Restrepo If renting out apartments is something you are considering doing long term it may be worth having a lease agreement written out by a local attorney boiler plate style so you can use it over and over again with the specifics of the new tenant info being the only things that change. 

They can have linear, slow-growth for a period of time followed by period of moderate cyclical-style appreciation.

There is way too many neglectful property owners and it wrecks the quality of the neighborhood for responsible owners.

First thing learn the neighborhoods.

You should move to a less expensive apartment, cut all unnecessary expenses to the bone and adopt a more frugal life style.