Influx of multifamiles in the midwest

[Blaine Alger]

I have been browsing the national market recently looking for multifamily properties and I have noticed the abundance of duplexs, triplexes, etc in the states of the midwest. They all seem to be  reasonably priced and in fairly good areas. I understand it is a different  market then what I am used to but 100 to 200 thousand for a duplex or triplex seems like a pretty good deal. Does anyone know why it is so much easier to find a multifamily in this region than anywhere else?  

[Jeffrey Gibbs]

@Scott Hollister I think you hit on it. I just relocated to Waco. Austin is busting at the seams! We are on the I-35 corridor right between Austin and Dallas. Texas is producing half of the new jobs in the country. When I was looking to relocate, half of everything I saw were duplexes. The rental market is strong here and not too difficult to do math on. I’m trying to start wholesaling, which I had just started doing in Louisiana before moving here. My belief is that there is a lot of population influx due to growth, jobs, low taxes, etc. and not enough houses to go around. Not sure how that extrapolates to the rest of the Mid-West. It’s a good question. Just my two cents, Scott.