If this is the case, it could have a significant impact on our portfolios, not just in 2018, but as rates continue to (rapidly) rise across all indexes.  

This is a small investment to help encourage FUTURE on time and rapid payments!

I have a sister in rapid city South Dakota and have looked at some deals there that appear to cash flow and I love the area.

Much of the area has appreciated pretty rapidly the past few years, so great deals are getting harder to find and some retail buyers are being forced into rentals.   

If I was a speculative buyer in a rapidly appreciating market, I may consider taking you up on that offer in hopes that the market rises rapidly over the next two years.

We also thought of Grand Rapids Michigan based on the forums and other top 10 lists of hot real estate markets.Do you guys have any advice for a newbie, first time investor looking to invest out of state? 

Something to keep an eye out is the rapid growing corridor between Austin and San Antonio. :)

I recently did some research and found their "values" for Cape Coral to be off considerably due to rapidly rising rents.

You can ramp up your portfolio rapidly.

Greetings BP,I'm not giving any advice here, legal or otherwise, just sharing a reminder / FYI as October 3rd rapidly approaches, which is when the new TILA-RESPA amendments goes into effect.