@Kent Caldwell Welcome to BP@Ali Boone I disagree about Chattanooga,  I think it will cash flow as long as you don't over pay and you properly analyze the deals, cant speak for the other areas but I have been doing just fine in Chattanooga. 

The shortest answer is: examine everything you pay for from the perspective "would I have paid for it if I was not an investor?"

Depending upon what the zoning would allow, do a deep dive into the surrounding area and examine what would be competing properties.

@Travis Raila  @Shital Thakkar @David Martin JrI would disagree with @Ali Boone , even though she may be correct that prices have increased in the Atlanta market, I still see very strong potential for 10+% cap rates and great ROI.

Antonio Jones, I respectfully disagree with what you said, that you won't buy something in an area unless you would live there yourself.

They got the IT forensics teams involved....In fact if you had read the links in the article where the paragraph clearly stated that federal rulings have set a precedent that disagrees with the General Accounting Office's handling of the issue had it been handled in court.

the IRS chooses to disagree.  

I would disagree a little bit with Jon above. 

The former requires examination of financials and the latter requires involvement of a real estate lawyer.

@Adam NobleI would disagree that you need to buy cash to be successful in Cleveland.