Both offer affordable single-family homes, and they’ve got strong rental markets with steady demand.

Personally there are some really strong suburb areas that I would much rather invest into than Phila - lots of it is due to better landlord policy, higher demand for rentals, less competition for rentals, less headache than dealing with Phila, higher quality tenants and less risky.

Quote from @Simon Ashbaugh: Hey Anna, Cleveland actually has a strong Section 8 market with high demand from voucher holders.

Vintage charm and modern demand. 

.- Execution: In current market conditions, of lower inventory and higher demand, timing is essential.

I think they also need to be located in desirable, urban areas with strong rental demand, which can make finding tenants easier.

Properties that were undervalued just a few years ago are now turning solid profits for those who can complete timely renovations.Low Inventory: With inventory levels continuing to tighten, the demand for well-renovated homes is higher than ever.

I typically talk less about the market conditions until we have a general plan in place, and then we discover what may work best with the current climate (rates, fear, opportunity, demand, etc..)

Factors like population growth, job market, rental demand, price-to-rent ratio, and local economy are crucial.

According to data from the Housing Authority of Baltimore City, demand for vouchers remains high, and resources are stretched thin.