Impossible to Buy a Rental

[Chris Jones]

Is anyone else struggling to find good deals in this current housing market?  I have 3 rental houses and am looking to buy 4-5 more in the next few months. Even offering list price with an escalation clause, I have lost out on many properties, in many cases to all-cash buyers. I am sure my situation is not unique.  Are there any markets I may be overlooking? I am open to investing anywhere in the US, but I prefer turnkey, single-family homes in the 100-200k range.