Avoid the hot markets all together??

[Kevin Chan]

Given that many of the hot markets are so competitive and the prices on turnkey-ish properties have already increased in these areas, such that it is hard to achieve the 1% recommendation..  I started thinking maybe it is best to avoid these areas altogether? 

Maybe I should pick a market that isn't mentioned very much on any forums or discussions and just find a quality rental.  I'm not really looking to rehab and flip or brrrr too much.  I'm mostly looking for safe investments with good tenants and some appreciation + lower risk for depreciation.  And less likely to feel significant effects from a recession.

Thoughts?  Ideas for a city that fits the criteria?. Or is that just a dream?