My reasoning (flawed as it may be) is this: Deal 1: lower rent = higher tenant pool but lower quality. 650$ apartment would be easier to rent than a 1100$ one.Deal 2: higher rent = higher quality tenants but lower pool overall.

Also, make sure the rain water from the roof flows away from the house and does not pool near the wall. 

IN A GREAT NEIGHBORHOOD WITH A POOL, TENNIS, SPORTS COURT & PARK What made you interested in investing in this type of deal?

Enjoy a very long paved driveway and a larger than average lot...perfect for a swimming pool.

The buyer pool for the exit is much larger. 

These areas have the best combination of cash flow, appreciation potential (never guaranteed), exit options (you might be able to sell to an owner occupant rather than another investor down the road = higher sales price), and stably-employed tenant pools.

If I automatically eliminate any of those profit centers from the get-go (i.e. monthly cash flow), I'm narrowing my pool of options for where to get income should any of the other peter out for some amount of time.

Hi @Sunny Burns, this is The Girl Friend lol...so we went to the last meeting you held, it was great!

Some areas will probably be better than others.For the later drive, focus on rolling through fast foods, gas stations, business districts, and see if the buses are full or not.The people you see on these two drives will be your pool of applicants.Take a paper map and make notes on it, and don't appear expensively dressed, or lost.You can take a friend (co-pilot) and have some fun there too.Just my two cents.Good Luck!

Payments seem much less than credit card, student loan payments, and id use it also to purchase another property - w cash savings pooled together.