G'Day Hughston,The best advice I could give would be to not invest out of state unless you buy turnkey.But that's just me being biased.The second best advice I can give is to focus more on the people that you will be working with over the stats/demographics of a specific area.I'm sure that this has been covered many times in the various BP books but to this day it rings true.You will heavily have to rely on the folks on the ground.They will either make or brake your investment so choose them wisely.If you buy the best house, on the best street, in the best area with the best capital growth projections.But your property manager is incompetent or a cheat.You will loose money.So, team first, area second.Much success

https://www.har.com/content/department/newsroom?pid=2096Houston Real Estate Highlights in June, 2024:
-Single-family home sales declined 11.6 percent year-over-year;-Days on Market (DOM) for single-family homes went ...

@Chuck Taylor what was your stats when you first started?

The real test will come when the Fed begins to cut rates, as indicated for later this year, making it a challenging market for both parties.”Clare Losey, ABoR’s housing economist, recently said, “From the buyer’s standpoint, there are a number of advantages and disadvantages…The biggest headwind to them are higher mortgage rates and the decline in purchasing power.”Here are the full stats for Austin and the greater metro:Here’s a chart showing the median sales price of a single-family home in the City of Austin for the first half of 2024:The median sales price for a single-family home in June 2024 was up roughly 16% from the beginning of the year.

Friday July 12, 2024 - by Scott Brixley

Real Estate News in Brief
Rate cuts are definitely coming. Fed Chairman Jerome Powell sounded a bit more dovish in his testimony to Congress, and then the CPI inflation ...

They never invest in oakland for example due to those location has highest crime rate in bay area.so expecting all market to work in parallels was bit inaccurate... my forecast never inaccurate since 2009 when I examine this aspect in more detail.

To make a wise decision, examine your comfort level, goals, local market circumstances, and property management.Good luck!

I saw a stat the other day that over 60% of multifamily in Nashville has been built within the last ten years.Good luckGino

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For example, I try to rent to families and try for longer durations with renters that will take care of the place and also might put down roots with kids in school etc.Check crime stats, schools, population trends, big job suppliers, colleges, hospitals.