If your goal is only initial cash flow, almost any major metro with a declining population will meet this need.

In an accompanying video, I also pointed out that Utah had the highest population growth from new births (see the heatmap above, courtesy of Pew Research Center’s analysis of Census data).Metros along the Wasatch Front, such as Salt Lake City, UT; Provo, UT; and Ogden, UT continue to see strong job growth, low vacancy rates, and relatively high price appreciation.

The meteoric growth of the market here is all aligned with the 2040 vision of the rulers to double the population.

We have one property in a local market but are looking to expand into markets that have more promising outlooks (Population growth, jobs, etc)

Over 75% of US cities have a population < 10K people.

A lot of clients I work with in NY invest here because it's one of the hottest real estate markets in the US and has some of the best macroeconomics - population growth, job growth, and companies moving and developing here.

Over the next year, a modest 0.8% decrease is projected, indicating a potential cooling of the market.Norada Real EstateDespite high housing costs contributing to population shifts, the Portland real estate market remains resilient.

The initial area I will focus on is in NE FL and has the following: - Population: 81K - Median HH Income: $109K - Median Age: 45 - # of HH's: 32,958 I'd like to keep my area smaller in the beginning so I can better controll marketing expenses, while avoiding spreading them too thin. 

They also both have declining population over the past 10 years.

My goal has been to find units in urban areas, have you found you found success developing in dense population areas?