You should have someone local who can drive by to check on the property, respond to emergencies, conduct regular inspections, etc.

Those companies will die out and the emerging ones who lead with quality sourcing/underwriting & have real estate experts at the helm will grow the market in my opinion. 

You can still find properties that are well below what you’d see in New York, and with the right approach, the BRRRR model can work really well here.I get that being close enough to drive by is a big plus, but if you're open to a market a little further out, Detroit is worth a look.

There's so many catalysts for population and job growth (Intel, Honda, Amazon, Nationwide Hospital, etc).

But if you want an ROI, as well,  the industry has been lying to you, and everyone else.Foreclosures, probates taxliens... all circumstances that explicitly do not drive motivation to sell.I am writing a book on the topic and here is a passage from my book.Circumstance does not imply motivation.

Being an engineer, I am wondering if there are areas[deal analysis,  underwriting,  acquisition, financing, or investment/funding)  where some automation (intelligent insight, reasoning, and decision support) can help you grow the business. 

🏘️💥 Experts say the lack of new housing, high rent-to-income ratios, and post-pandemic demand are driving this fierce competition.

I still need to research a lot more, basically places with good rtp ratio and high growth potential I think.

The macroeconomics is rapidly growing - lots of job growth, population growth, and companies moving and developing out here like Intel, Google, Meta, Honda, etc.

The rents have begun to drive the market and are seeing some quality cashflow.