Southwest / far-south pockets (deep value)

The lowest entry prices and highest paper yields in the city, in older pockets across the sprawling 24-county metro with scattered redevelopment.

Higher crime, deep deferred maintenance, and rising insurance; heavy institutional/hedge-fund competition for the better deals. Advertised returns rarely survive the real vacancy, repair, and insurance picture for a remote owner.

Investors who understand that the highest advertised yields often come with the highest execution risk.