I guess then, one must ask themselves what Cap rate THEY wish to receive, and if the market cap rate is below that number, well, maybe that market isn't right for them and they should look elsewhere.If market cap rates in a particular region are consistently low... how does anyone actually make any money in those markets?

The entire region is 1920's homes.

Anyone with experience investing in Niagara/St. Catharines area?  Which areas provide best returns for Rental either single or multiple?

@Don Carey There are banks out there that will cash-out refinance 75% to market value (SFH) after 6 months of seasoning, you just need to call around and talk to a few smaller, regional banks.

You have to find the regional loan officer for your area and have him sign off on it.

As for Baltimore,  it does get a bad rap, it's not much like the way it's portrayed,  but our location is a gateway to the Chesapeake Bay, and I'm really thinking of targeting my local and regional market as a venue for weddings,  corporate retreats,  and family functions.As for becoming profitable,  that's the question,  but even if it's a buy and hold, I'd rather just make one lump sum payment after tax season than rustle up a few thousand dollars every month.

But I will add that I have had luck in several regions with selling appliances and furnishings on Facebook Marketplace.

@ Cody Weiss I am not quite sure to be honest,  that is why I wanted to ask the question and see what the more experienced think :) In my mind, if we're out of nafta, this will put a strain on the auto industry in the region more than anything else, resulting in job cuts -> less ppl that can afford to rent in the city.

However, Winsted does not share the school system of region 7 and it does have some negative reputations floating around.

Of course these prices can certainly vary somewhat from region to region.