I will say there's plenty of catalysts out there; Stretched labor market, high corporate debt, overvalued assets, massive government debt on almost all levels, geopolitical instability, failing pension funds, political uncertainty, and on it goes.

Without getting into the politics, it is an unsettling development for an investor if property rights weakened.So I set my sights on USA! 

BTW I don't believe in ghosts (although those who do believe in ghosts are free to do so and disagree accordingly), but I don't want to be politically ghost believer insensitive and tell her she's crazy.

Pittsburgh really does continue to attract many corporations, companies and small business owners for a variety of reasons.

Sorry, not sorry), but I wouldn't call this one of them.People's opinions about STR don't seem to have a direct correlation with their other political leanings. 

The bonds suggest that they will go bankrupt, and the politics are not friendly to landlords or businesses in general.If I moved to Chicago, I would invest in NW Indiana, I think Dallas has a much broader choices to invest over the long term, even if I think that the Dallas market is showing some signs of slowing.

:)Some stats:16 x 2bed, 1.5 bath unitsNOI: 70000Cap: ~10%COC return: ~12%Little about me:Currently working in Corporate America in the Tech sector but I want to build a real estate portfolio to assure my family never ends up homeless.

Actually, NCOs are E-4 (corporal) and up, but I agree, limit one's renting to NCOs or even staff NCOs (E-6) and higher and the problem will disappear.

I wanted to take a moment and introduce myself as well as get more involved in the local RE community.I'm 25, moved to New York City (Astoria) about 3.5 years ago, and have a full time corporate job in Financial Services Consulting.

Magnolia leans left politically.