Need advice-where to invest/different strategy?

[Douglass Belt]

The Madison WI market is pretty tough right now in regards to investing in SFH or Multi and a reasonable price. Perhaps I am missing something (I know I just set myself up for a sarcastic response...!) but there just does not seem to be any good opportunities for Multi or SFH rentals in the area-at least not numbers that work for me. As a HUGE college town, highly educated population, above nat. income level, and low vacancy rates, I am sure that all plays into it. Every day, there are more and more apartment buildings going up (20+ units) Any ideas on how to get into this market? I am looking to buy and hold. In a situation like this, is there another strategy you would suggest given the current market in my area? I am not looking for a "job" like Flipping, or wholesaling....thanks everyone, it sure is nice to have BP as a resource!!