There is so much growth here - population growth, job growth, and companies moving and developing here.

These are top drive-to destinations for much of the Southeast, so short-term rentals here can generate solid cash flow, especially during peak seasons.The area is also seeing steady growth, with more infrastructure and amenities being added to support visitors and new residents.

If you haven’t already, I’d scope out the municipalities around town.. from what I read in The Economist, the Phoenix metropo area continues to rank high for job growth, which usually bodes well for new builds.

Right now its slim pickings in real estate for properties that will cash flow or see any significant appreciation. of course they are always out there but a lot harder to find.The other question is why do you want to continue to grow?

Understood I made a bad move here as this was first investment so didnt think much except at the location for longterm growth or possibly I move there as part relocation.

Sherman does seem interesting though because of the lower cost and growth potential.  

For instance, a friend of mine transitioned into the BTR market in Austin, Texas, after noticing consistent rental growth.

Dallas on the other hand has more growth potential in certain markets in my opinion.

The game is best played following the strategies for the phases one is in; growth, dividend, end of life. 

Are there pockets of growth or opportunities in the area?