The macroeconomics are on fire here - population growth, job growth, and companies moving and developing here.

I think if you can nail that down you will be able to find a market easier.As a buy and hold investor some of the things that were important to me when deciding on a market were landlord tenant laws, price to rent ratio, housing demand, ability to build a team, large population 500K plus, multi-family availability and some other factors.take the process step by step and you will be fine. 

@Kegan SchollFrom my experience, if you're a 22-year-old house hacker, Texas and similar markets can be great for room rentals thanks to population growth, strong demand, and tourism.

When evaluating markets for rental properties, there are a lot of factors to consider: population growth, employment rates, rent to price ratio/GRM/Cap Rate, rent trends, vacancy rates, etc. 

Population is growing, NFL Draft was the BEST EVER attended, prices are up over 20% last year, etc.

It's same as everywhere but location is everything as Japanese population has been declining all prefectures except Tokyo, Nagoya and Fukuoka.

Sometimes condos/townhomes are better at attracting young working professionals given that they are usually in more densely populated areas and often will have amenities that come with the HOA like pools, gyms, etc. 

Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).

It has lost about 10% of its population in the last 15 years. 

There is so much growth here - population growth, job growth, and companies moving and developing here.