@Robert Johnson You may want to check out our "Deep Dive" series here on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider: https://www.biggerpockets.com/member-blogs/3094/99854-deep-dive-into-metro-detroit-cities-ecorse We're not aware of any other local property manager, agent, turnkey provider, flipper or wholesaler that's made the commitment to do this!

You might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider:https://www.biggerpockets.com/...Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

My guess is this is going to exacerbate supply line issues, trigger more inflation and cause the fed to increase rates and find ways to “tamp” down hot spots.

Hillsborough and Pinellas are hot spots, great opportunities, but there’s lots of competition.

Fairbanks isn't nearly as busy as Anchorage or some of the tourist hotspots. 

and for the out-of-state investors, what made you choose the emerald coast over other vacation hotspots?

@Cindy NiYou might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider: https://www.biggerpockets.com/member-blogs/3094/99854-deep-dive-into-metro-detroit-cities-ecorse(BP search feature can be problematic, so we’ve also added links @ our website under View Cities & Neighborhoods We Service)Doubt you'll find this much info for any other market in the country.

Congrats on being poised to profit from 2008, and Phoenix seems like quite the hotspot.

===============In these high crime areas you might want to think about:Cutting all shrubby back to tiny to prevent places for Rapists to hide.Having security or maintenance Inventory all lighting nightly after dark to make sure it has not been tampered with (re bulbs unscrewed etc.. more Rape prevention).Have all move out verbally questioned as to why they are moving out, have PM note any hot spots on the property (or reasons) for move outs (cure them imminently).I highlight this Rape issue because sometimes the lades get away and don't report it anyone, but their neighbors (and sometimes management).....And one scared Rabbit moving out because of this, can make a lot of other units in the complex with females empty out too.

For $200k, you are going to haveto anticipate the next hot spot, not chase the existing ones.