If you can find a deal that cash flows decently now, I do think we'll start to see 3%+ per year organic rent growth again sometime in the next 2-4 years, since new construction starts have been very low the past 2 years so new supply coming online is going to drop a lot in the coming years. 

They are acquiring many new properties and are in the early stages of their growth.

There are several compelling reasons why this region is becoming increasingly attractive to investors and businesses alike, and if you’re considering putting down roots—or even just exploring opportunities—this might be the perfect time.Thriving Industries and Big Business InvestmentsThe economic landscape in Louisville and Southern Indiana is robust and diverse, with several industries driving significant growth.

When starting a business or owning multiple properties, it’s crucial to manage your cash flow effectively to ensure long-term stability and growth.

The rent growth in that market is challenged to keep up with inflation.

Last year, I bought a condo in an area that I knew was being heavily developed and has a big plan for growth.

Once you create some decent wealth in a market like this and you feel the growth is slowing, that's the time to start thinking about moving that equity to another market that's probably more expensive.Rinse, repeat, and you'll build a ton of wealth.But it all starts with an appreciating market that you can afford to operate in.

The problem has existed for decades but with population growth, it has gradually gotten worse.  

@Eric S. new britain. that is your answer. i invest there. i spent my whole life in CT besides the last few years. i know the area well. i own a few multi-family properties there currently. i went CCSU in new britain and lived in the town for 10 years. its an incredible source of cash flow and, in my opinion, the current mayor is doing all the right things. i actually see growth happening in that town, compared to the rest of CT that is struggling. happy to help in any way i can. just let me know!

We are looking here for long term equity growth and eventually will build another unit, with separate driveway, as a furnished mid-term rental.