Locals know that and you can see that in DOM. 

There are a lot of local meetups in Northern New Jersey that you can find in the Events and Meetups section of the forums as well.

Most owners are local and therefore “hot” money or out of area players are not yet chasing Pittsburgh assets, keeping prices favorable.References United States Census Bureauhttp://www.cmu.edu/news/stories/archives/2017/august/economic-impact-report.htmlMarcus & Millichap 2017 Multifamily Investment Forecast2017 Commercial Real Estate Trends Report by Integra Realty Resourceshttp://www.pittsburghmagazine.com/Pittsburgh-Magazine/September-2017/Staying-CMU-All-Eyes-on-Carnegie-Mellons-Future/http://www.nextpittsburgh.com/features/pittsburgh-developments-watch-2017/

If you have $210,000, you can easily make 10% as a bridge/hard money lender in your local area.

We invested into the property and came well ahead of the local market.

Ensure the sublease is explicitly permitted in a written agreement with your friend and aligns with local STR laws.

Just focus on learning the local market, financing, and property management.

I live in Phoenix area.I am new in real estate investing and looking to connect with my local investors. 

Focus on actionable steps like analyzing deals, attending local meetups, and exploring niches like wholesaling or house hacking.

I completed an internship in commercial real estate, and I also attended a couple of local REIA meetings/networking events before moving to Northern VA.I was able to narrow down potential strategies, and I figured both BRRR as well as wholesaling don't seem to be the best strategies for me.