Builders can offer those crucial incentives, and the homes themselves often come with modern features and energy-efficient designs that make them even more appealing to buyers.Looking ahead, it’s clear that new-home sales will remain a bright spot in the housing market.

@Michael Plaks as always is spot on with his analysis.

Chris answer is spot on.I'll add "quick closing".You won't find investors easily, you have to go to a lot of meetups to build them.

West Valley cities like Buckeye and Avondale, East Valley spots like Apache Junction and Mesa, or growing areas like Casa Grande and Maricopa are worth exploring.

My favorite source is Navy Federal for its long draw period of 20 years, and Figure for its fast funding.  

You’re in an great spot to get started—good luck!

* What are some factors to consider when identifying these hot spots?

Quote from @Robert Smith: First time post, apologies if in wrong spot, this seemed semi-appropriate.Wife and I have 3 rental properties and 1 home, all in CA. 

Destin is a great spot for house hacking—tourism is strong, so renting out part of your property could help with the mortgage.

I believe you are in OR, one of my favorite States, but a long flight from pretty much everywhere.