Sorry If I was unclear about my curiosity. The point of the post was to broadly ask the question about stagnant markets with strong cash flow. Most people will define a good market as one with a strong job market(i.e big name employers that employ white collar jobs, as these create the most secondary employment), a growing population 10% or greater, low crime, economic engines, etc. Now once you identify these growing markets you have to find reasonably priced properties that will cash flow. If you are just starting out this can be overwhelming. My question is if you have a stagnant city, one that is small but bigger then all surrounding towns, one that has steady service sector employment and strong rental demand, 2% deals can be easily created through solid negotiation and creative deal making; do you buy? I feel the question is one often unanswered and is one that is applicable to a large majority of new investors. Most people have with an hour of there home a city like this but it has many things that appear as red flags, is there potential for new investors to succeed? There are no tail winds to speak of to carry you through bad decisions, but good cash flow opportunities exist. I am speaking philosophically and not specifically. Thanks for your reply
