I was wondering because if the most of the homes are owner occupied and a decent amount are renting to non-section 8 families that neighborhood is probably on an upwards trend.  

I believe Spokane is on the rise and will continue to trend that way for the foreseeable future. 

This neighborhood in downtown Las Vegas was trending and we knew it was a great opportunity How did you find this deal and how did you negotiate it?

I'm currently thinking about North Carolina and keep in mind I'm going to want to buy my first property.Could anyone explain the process they go through to look at market trends in real estate so I can have a good understanding that this is the right move?

https://www.realtor.com/news/trends/10-best-cities-to-own-an-airbnb-rental-property/

.- Zillow trend shows appreciation close to inflation, very slow.- Built in 1960's, so might be hidden repairs.

.- Zillow trend shows appreciation close to inflation, very slow.- Built in 1960's, so might be hidden repairs.

or if this trend would continue? 

You should look for conservative assumptions in the underwriting model, especially because of the long trend of declining cap rates / rising prices.3) The Financing - is there financing in place for the duration of the business plan, are there penalties for refinancing (this is one exit strategy), are the projected rates realistic?

I am not sure what the population trends are for Mason City, but from brief readings I have done, people are leaving small towns for cities, so that could mean Mason City has a small growing population.Lastly, if this is your first investment, I would recommend investing locally first, rather than out of state.