Is there a demand in my area? 

Houston, TX offers job growth, affordable housing, and tax benefits, while Cincinnati, OH has high cash flow, affordability, and tenant demand but faces slower population growth and cold winters.

Look for areas with high tourist demand and strong rental yields, and consider attending real estate seminars to gain insights into the latest trends and strategies.  

Market Selection Criteria: To choose the right market, consider factors such as:Economic Growth: Look for markets with strong job growth, a diverse economy, and increasing population.Rental Demand: Identify areas with high demand for rentals, which can be indicated by low vacancy rates and high rent-to-price ratios.Affordability: Ensure the market offers properties within your budget that also meet your cash flow and appreciation goals.Property Management Quality: Verify that there are reliable property management companies in the area to handle day-to-day operations, especially if you are investing from a distance.Comparative Market Analysis: Perform a comparative market analysis to compare potential markets.

Inventory is now very substantially above the extreme lows seen in recent years, when inventory in the Austin area fell below 1 month (very extreme imbalance between demand and supply) for a sustained period.Kendall Garrison, CEO of Amplify Credit Union, recently said, “The good news is that we are moving toward a more sustainable level of inventory, which will provide price stability for sellers and more choices for buyers.

The population has been growing here year over year over the last decade, it is home to The Ohio State University which has over 50,000 students that live here along with those that visit, and it also holds a diverse range of young professionals and traveling nurses to fill the demand of the multiple business corporations and hospitals stationed here.

Is there a demand from vacationers for such a property?

What cannot change, is that the mortgage industry and profession is challenging and demanding.

There's a large presence of blue collar workers with a strong rental demand.

Generally speaking, as crime rates trend down, the demand ratio often trends upward, but it is not a given.