The thing with NZ is that most small or rural areas only boom every second or third cycle.

@Kevin Grinstead I've heard that Tennessee market is booming, I was able to visit 2 times last year and saw that there was a lot of new construction buildings, homes, plazas, and office happening, which is a good sign indeed.

Also, the city directly North of me where I grew up- McDonough, is booming.

BOOM!

At that point, the metal scrap/recycler is sure that there is no hazard from a high pressure cylinder going "boom!".

However; when areas like so cal, and the bay area are booming, those buyers are buying 2nd homes in areas like Bend, or vacationing in the short term rental areas.

In hot areas someone's already beat you to the punch so you might need to look at less attractive areas that haven't boomed yet for the best deals.

But since most refuse to follow common sense advice, and gotta get a good healthy dose of a bad tenant experience in order to learn, consider doing the following:   Collect or you pay 75.00 and do a more extensive background check.Require a $500k non-refundable Pet "Fee,"  Not a pet deposit, but Pet Fee. 

It's a great, booming area. 

We're in contact with some potential buyers/antique collectors and auction houses.