Haven't seen much activity on BP lately up here in the NorCal region, I'm sure everybody is busy out there taking on some great deals.

Also, if this is a regional flood, Fire, Tornado or Hurricane issue; replacement costs will be even higher.F. 

Lots of investment in the region as well so hopefully quality job growth will continue.

Affordable markets in growth regions, like the Midwest or Southeast, provide excellent opportunities for ROI while minimizing upfront investment.

True, I am 100% with you on that.The point here is, when you analyze, you do based on what you know now (what is known as a fact today) and on what is highly likely to happened (again from today) and to accept the fact that things might change tommrow.Life happened every day, that’s why  we need to stay firm with our direction but flexible with our approach.having lived through the HORRORS of those years fully engrossed in the industry almost nationwide... it was regional on who did well and who had troubles.. no question well positioned landlords in Portland for instance no issue.. 

They have outside regional guys and you order through them. 

Would real estate prices in certain regions rise rapidly due to demand from both local and international buyers? 

Most land buyers who are developers usually stick to a very predefined region within their local market and they hunt and wait for killer deals and market swings to get the land they want for the very specific purpose they want.

If they are not aligned then simply keep looking till you find one that is.I would look up NARPM and start with them..Below are some questions I would think would be a good starting point for you to see who really treats their company like a business or a hobby.My business partner is a regional VP for NARPM and I am happy to help if you need anything please reach outQuestions to Ask prospective management companiesWhat are your average days on market for vacant homes?

You'll meet a bunch of fellow capital region investors and people who can help.