Figure out how big your appetite is and eat, even if it is one small bite at a time.

I think the only way I would invest in single family rental homes here right now is if I could get them for a deal and add an ADU or split it up into two units in a cost-effective way.Of course, others may have more appetite for risk than I do and I certainly think that Durham as a market is continuing to rise and get even more robust with many more people moving to the area every day.

Price point: $70-100KCAP: 9.0%+Rent/Price: 1.3+Cash on Cash Return: 15%+I am really interested in Dallas and Houston because of strong macro-economic fundamentals like job and population growth, but have heard that both markets 'are farther along the recovery cycle and that means home prices have rebounded to a point where cap rates are suppressed.'  

@Carlo TriassiVacation rentals are tough depending on the areas you choose, I would recommend starting somewhere like Orillia unless your appetite for risk is high.

I have an appetite for success and look forward to working for everything this world has to offer.

This is the portfolio stuff that is starting to come online, now that Wall Street is starting to re-develop an appetite for folks that can't check all of the zillion Fannie/Freddie boxes.

When looking at local banks, make sure to check their appetite for residential investment lending.  

It's really what whet my appetite for real estate investing (once I realized my tenants were paying down my mortgage for me PLUS putting cash in my pocket).$450 is actually pretty high per room.  

A few banks had an appetite for the project, but not under the timeline we are proposing.

The answer for you depends upon your specs - your capital reserves, your appetite for risk, your rehab skills, your networking/EQ skills, your data chops, your love of reading and a lot more.