If you're comfortable with these factors and the cash flow remains strong, it could still be a great opportunity.

Most of the people I see that are moving into Waco are out-of staters that have their own business or work from home so its not like there is a strong supply of decent paying jobs.  

Our goal is to expand the business strongly in residential wholesaling, and grow the fix and flip part of the business.

Sometimes large employers will rent furnished apartments for their employees coming to town on a regular basis.Also, if you believe strongly in the appreciation of the house, how bad would the negative cash flow be if you did long term rental? 

i do also think there is something to be said for being in a strong financial position.and they're probably tied together. 

@Chris CoreTo find cash-flowing properties for your first investment, focus on house hacking with an FHA loan, finding properties with rents that cover your mortgage payment, using real estate investment tools like BiggerPockets, and analyzing deals in emerging markets with strong cash flow potential.

It is also why such neighborhoods are most likely to appreciate because those who own properties in these neighborhoods are on the correct side of the supply/demand equation.Since your post is focused on Philadelphia, the city has good fundamentals...strong Ed's & Med's, good accessibility to both NYC & DC, own port, international airport etc.

I have been investing in real estate in my local market for 10+ years (flips, private lending, rentals). I am currently in the process of selling my portfolio of 13 rental units spread across four properties. In CT, n...

Construction is definitely for a different phase when you have a strong grasp over property ownership.

It had strong cash flow potential at the beginning.