You have to look at population growth, diversity of employers in the area etc...Other things to consider ... harsh weather is harder on properties.  

While I acknowledge that economic strength is just one facet of a good rental market, it is a major factor and I wanted to share what I've found (the details of my methodology and raw data can be found after the various rankings):Top 10 best economiesProvo-Orem, UTSalt Lake City, UTCharlotte-Concord-Gastonia, NC-SCChicago-Naperville-Elgin, IL-IN-WIDallas-Fort Worth-Arlington, TXKansas City, MO-KSLongview, TXLouisville/Jefferson County, KY-INSan Francisco-Oakland-Hayward, CABirmingham-Hoover, ALThere were two main factors to overall economic strength that I looked at – how diverse/broad the economy is and how many economic drivers (i.e. strength) the area has.

FYI, Bushwick, Brooklyn NY is a very active rental market with increasing diversity of population ethnically and socioeconomically

And if you do, you need a plan.I like diversity of markets, and have invested in several States.

Art festivals, national motorcycle meets, and hot rod culture are all huge in Mt.

. - https://www.rentcafe.com/blog/renting/states-best-...Qualify a Market: Job growth – at least 2 yrs. going upStable Job Market Net positive MigrationJob diversity – a lot of employers in different industrieshttps://www.neighborhoodscout.com/ http://www.city-data.com/https://www.wikipedia.org/ https://datausa.io/ You can Google search above as well.

But what made it very rewarding and packed with lasting impact not just a flash in the pan, was seeing how 10x is applicable to so many areas of life and everyone given the diversity of speakers. 

Whatever you do, be careful and invest in a growth area a diverse city and where you think we are in the real estate cycle. the age of the subject improvement and if there are any possible subject construction items that need to be covered up or removed by a special contractor.Good luck to you!

Very diverse ethnic community as well.

And yes, we call someone who uses a stolen meter or tampers with a meter- a person commiting a diversion of energy.