Market Selection: Pros and Cons

[Scott Busby]

Hi BP,

I hope I structure my question correctly. I'm just curious about the less obvious pros/cons of market selection. I live in Huntsville, AL and I know this area is considered a hot market right now, but beyond the obvious of increase in equity and harder market to find deals, what would be the reason to buy in Huntsville over another "less hot" market where I could potentially buy more equity and have better selection of deals I want to do?