Market Selection Criteria: To choose the right market, consider factors such as:Economic Growth: Look for markets with strong job growth, a diverse economy, and increasing population.Rental Demand: Identify areas with high demand for rentals, which can be indicated by low vacancy rates and high rent-to-price ratios.Affordability: Ensure the market offers properties within your budget that also meet your cash flow and appreciation goals.Property Management Quality: Verify that there are reliable property management companies in the area to handle day-to-day operations, especially if you are investing from a distance.Comparative Market Analysis: Perform a comparative market analysis to compare potential markets.

Property Managers also have a network of reliable contractors that can help you inspect or prepare a property for rent.

While selling in Rochester and investing in states closer to Chicago would still require finding a reliable PM and likely making improvements, the advantage is that these new investments would be in a market that I can occasionally drive to.

@Glen Friedman Hello Glen,I found this thread on beware of FTF by googling bc I was thinking of investing some $$$ via Fund that Flip.From your links to FTF’s comms, it appears that they misrepresented the borrower’s reliability.

I invest heavily here myself with reliable contractors. 

That may not seem like a big jump, but a 50 basis points (0.5%) increase in the UR has historically been a very reliable recession indicator.

This sounds like it might be a win-win, Hospice has plenty of funding to be a reliable renter. 

Often they will tell you what they're having a challenge with (like finding off market deals, a reliable property manager, etc). 

One of the major differences is making sure you are not transacting with disqualified persons, but the documentation can be much the same (or identical) in most cases.

Sounds like your experience is almost identical to mine.