We do properties 75k plus in value, but, it’s a niche market with little competition at those loan sizes.  

The competition is really tough right now. 

So where else have you lived where you might have a competitive advantage?

Not always the case, but we see a large majority in our area. the way, I see this going – if wholesaling will now require a license, they will either be large groups of vigilantes conducting this anyway, or a severe lack of deals for agents who assume that properties will just show up in front of them.

Meanwhile, the assets lack fundamentals, and rarely trade for remotely close to where they appraise.

Your realtor should also be working with you to find more opportunities if the MLS is lacking.

Its hard to pick an area as all areas have different pros and cons, for example some are heavy cashflow positive but lack appreciation.

Lack of leveragability.

it is in Massachusetts so appreciation is there but cashflow has always been lacking. 

nope rentals but that's just based off of Zillow...my point being that state of the investor rental market has changed and to be aware of the competitive landscape, regardless of the type of exchange.