Especially, in my experience, for student rentals.But, fundamentally, its a money question.

Bakersfield still has solid fundamentals and is a pretty logical place to invest for long term cash flow. 

@Yuttana Chawengsub A real estate transaction is the same in Topeka as it is on the moon...the point being there is no real difference dealing with a wholesaler than you went through with your last transaction...fundamentally, anyway. 1. contract, 2. clear title 3. closeThere are a couple nuances to think on like the title search and title insurance....let me know if you want to talk through these things...

Often, they’ll pay for knowledge and education about a particular technique or strategy, but do not have a fundamental understanding of the real estate business, investment, processes, and legalities.

These parameters will help decide what kind of yields you are searching for, which you can use to filter down your list of macro markets.Then I would start by looking at the macro market's fundamentals, that is the population, job and income growth over time.After that, I would look to see what the rents and home prices are and how those are trending as well.I would do a similar analysis, but at the sub-market level for the metro area you are considering investing in.Other metrics that I find valuable to understand are household income, poverty, unemployment, and educational attainment.

As a beginner wholesaler one of the key fundamentals of my role is estimating rehab costs.

Cap rates are arguably one of the most fundamental metrics in commercial real estate investing AND probably one of the most debated and misunderstood topics in this space...Lately, I have heard a lot of discussions around "cap rates don't matter" Which was surprising to hear. 

Those are just areas with great fundamentals.  

There was some reno on the property just before it was put on the market but nothing fundamental (kitchen remodeled, hardwood refinished, new paint inside-out, roof repaired, HVAC repaired).

We need to continue with the fundamentals and slowly build up momentum to reach both our near term and long term goals.