I foresee my niche market being the remodeling of old farm homes in areas just outside of happening hot spots.

Currently undiscovered, future hot spots?

Due to the sheer amount of investment opportunity, there is underground murmurs that in years to come, Westwood could become the next "hot spot" for young, hipster buyers.  

Texas is a hot spot for out of state buyers for this reason. 2) Sounds like you solved this problem.

And, at Punta Horcones are the best surf breaks in the area: Indicator, Dinosaurs, and 411.LOCATION:Cambutal is the new, up and coming hot spot for surfers and deep sea fishermen alike in Central America.

@James WiseMaybe you should map out bedbug hotspots and get called a bedbug supremacist.

Unless you have a model which can 100% predict where the next hot spot is going to be (and you might have, in which case we should become best friends), it will remain, at best, a guess - albeit one "backed" by more math than I would understand.  

I’d rather buy in a C- area if it’s in town and near hotspots.

Medellin has had an incredible turnaround and is now one of the world's hotspots for digital nomads, US/foreign retirees.

@William Huston  The FL market as a whole is hot spot. it is only normal that in this Phase of the cycle it is hard to find good returns.good on you for making 41 Offers!