I am familiar with the area and live and work in the Atlanta Market.

Hi @Konstantinos Lembesis When Settling on a market develop some metrics that you can not only measure the market you are interested in but others that you havn't considered yet. 

With its booming housing market, the Phoenix real estate scene has emerged as a hot zone for fix-and-flip investors.

Feel free to reach out if you have any specific questions about the market, things to look out for, or ideas on getting started!

For the past decade, my husband and I have run several real estate investor groups here in Milwaukee that allow us to be very attune to what is happening in our local market and I'd be happy to warn you about things to watch out for. 

I’ve lived and invested in Texas and think it is great.But your local market anywhere in the U.S. is the best place to invest.  

If its performing well for you, and you believe you'd be able to continue to cashflow it for the foreseeable future, that is a pretty "sheltered" market to be in. 

If existing tenants are 50% under market value, you will need to make sure current tenants are out. 

I am based in Chicago but also looking at Indiana and Ohio markets since I am starting off, don't have as much capital available and those markets tend to be a bit cheaper.

There are really great REI opportunities in different markets - markets in the Midwest and Southeast of the country are particularly lucrative - where not only are the purchase prices reasonable for most RE investors, but the homes are turnkey (new builds or completely rehabbed homes, tenant ready, systems 10 years of life remaining on them, property management teams in place) with appreciating home value AND appreciating rent.