Buy + Hold Quesiton for Florida / Georgia / South Carolina /other

[Jordan Rabb]

Frustrated Boston area investor here! I've been doing some research and I'm loving these south coastal states. It seems like theres a lot of economic growth in certain areas of Central/western Florida, Columbia SC, and Atlanta GA. I'd love to hear others opinions, though.

Is the attention these areas are getting making it impossible for investors to get deals close to 1% of rent to price ratio? My ideal scenario would be to attack fixer uppers in one market and turn it over to a management team. Am I sleeping on other areas that would be better with less competition? Are there any sleeping giants with great cash flow, but also potential booming economic factors?

I'd love to hear anyones experience in potential emerging markets.

Thanks!