A client of mine recently invested there and raves aboutt the ease of finding solid contractors who stick to the budget.One piece of advice: before jumping into any market, spend time understanding the local economy, demand drivers (like job growth and population trends), and the landloard laws.

We are leaning more toward Johnson City just due to location, size, and economy/industries that are there.

What this means is that if you own 1 or 2 rental properties out of state, you'd only be able to expense an economy flight/reasonable accomodations.

If it does sooner than later, or really at any point, it means destruction in the economy and if you were waiting you are probably impacted by this destruction.Rates moderate and season here for some time with opex being a persistent headwind.

Multifamily projects often yield higher per-square-foot returns due to economies of scale and consistent demand for rental units in urban areas.

Even though your market might prove expensive, I would exhaust all options before ruling it out.Truth is, you have a unique competitive advantage in your market.  

I'm not sure about economy and job market here either. 

By the time they research and go down all the rabbit holes of different strategies, never sticking to one in order to gain traction, they get exhausted, throw their hands up and never take any real substantive action.Pick something and go with it, all the way to its conclusion.  

She or he offloads it, both in satisfaction and exhaustion, never to try again. 2.

I expect the economy to recover quickly under new leadership.