Work one market or as many as I can?

[Maurice Bey]

I live in the middle of two pretty good markets, Hampton Roads and Richmond Va. Should I be focusing on just one of those markets or should I be looking for deals in both of those markets? Should I focus on the hottest neighborhoods and really get to know those areas or should I be looking in any neighborhood and in any area that it's convenient for me to get to where there's a property with a sufficient amount of equity in it for that particular area?