Rule 1:  Treat your money partner like gold ('cause they are)!

YOY price increase for Indy 2.6%   Oakland 9,6%  The gold mine is in your back yard!

There is nothing to say that you wont strike gold and find the perfect tenant who pays enough to cover the mortgage, but it is much easier (especially if you don't mind college students) to charge a premium rent that cash flows hundreds of dollars into your pocket every month if you find a property within the city limits.

@Jess White Income Producing Apartments (in varied markets), Lots of Liquidity and some Gold as a hedge/insurance play."

I had a great one so far ( he is my gold standard in property management), really customer oriented, but sadly for me he is changing jobs and moving into an unrelated field.

Unless they are some kind of prepper who is hording gold and silver for when the world ends.Your time is better off spent researching more practical real estate methods.

They don't scatter around **** and hope to find gold, they find a trend and then pounce it.

I definitely am taking gold nuggets of your story as a learning.

Everyone that has a property KNOWS that he is sitting on a gold mine, regardless of the location (for the most part), the age, the condition.........And he is not going to short sell himself...

If someone offered me a gold coin for $50, I would be certain that it was a fake.