Every where you turn there are STRs going up on the market fully furnished because they couldn't pay the mortgage and bills with the rental income. 

In general, Cleveland is an excellent market to purchase rentals. 

If you have a lot of family in OK, that can be a great place to start assessing since you have dedicated boots on the ground, as well as a reason to visit.Don't overthink the analyzing of markets when you are still figuring things out.

Are you in the Atlanta Market?

Hi Max, I can speak about the Columbus Ohio market (as this is the market I specialize in) but yes, there is strong competition here and there are obviously some cash buyers and they will always have a slight advantage.

What is next is getting back in the market and creating more opportunity for our clients to ride the next market upcycle.

I don't know about other areas in TX, but I keep a close eye on Austin-SAN corridor, and I'm familiar with the market in Kyle, New Braunfels and NE San Antonio.

Quote from @Alan Asriants: Quote from @Jay Hinrichs: Quote from @Alan Asriants: Margins in the market today are extremely tight.

For all methods you would want to find a market that has strong employment rates, strong income rates for the market, and is a growing or an established market. 

The market in Scottsdale is cheaper than the Seattle market to buy, however, the rental market is a bit higher, so we would likely be renting for around $6k-$7k/mo.