Homes that appeal to our target tenant segment range from $320,000 to $475,000, so the supply of housing we target remains almost the same regardless of how many new homes are built.DemandPopulation growth drives housing demand.

Meridianville (10 north of downtown Huntsville), Decatur (25 miles southwest of town), or Athens (30 miles west of town) will have plenty of B/B+ properties under $250,000.Given that cash flow is your primary goal, these areas outside of Huntsville may be a better fit for you anyway—rent-to-price ratios are definitely more favorable outside the city limits than within them.Still, Meridianville, Athens, and Decatur remain close enough to Huntsville to share in the area’s growth which, in my opinion, bodes well for long-term appreciation.

We had to throw away many items stored down there due to mold growth.

With the job growth at Tesla, other tech moving from CA combined with limited building opportunities I expect the rents to grow and vacancy to stay under 3%. 

Worth, and San Antonio are popular markets due to their tech sector, diverse economy, and job growth.

.- 10% Pop Growth over the past 10 Years- 10% Job Growth over the past 10 Years- Low Crime- High Appreciation- Manageable Entry Prices- At least 30% Renter PopulationHere's an example of all those rules of thumb with a crime map of Austin, TX.

Mike when I first got on BP it was common and I believe encouraged ( to stimulate growth and participation) that you had what I called welcome wagon posters..

You can find properties in the price you indicated but they have historically appreciated less than inflation, they may attract poor tenants, they likely will have poor rent growth    Or house hack local market and need at low as 3.5% but easier at 5%.  

From my experience, these factors are the secret sauce for a long-term growth investor.My family absolutely loves the city, and we are fortunate to call it home.

Focus on the reasons for that growth, the sustainability of which areas will be most attractive and you're investing in a great market if you have the right key indicators in mind and the right focus of your objectives.