Is Chattanooga saturated with investors?

[Matthew Swearingen]

I recently went to Chattanooga to buy a home or 2. It seems the area, particularly Highland Park which seems to be the hot area now, is saturated with investors to where there are very few deals. Everything I have come across seems to suggest that I missed the boat by about 2 years. It seems the fix and flip thing is not a viable option, although I'm perfectly fine with buying and doing a LTR or STR.

Any thoughts on this ladies and gentleman?