I think investors see it the same way and invest that way too leading to bumps in prices if they start to see a trend.   

Here's a breakdown to consider:Cleveland: @Zeke Liston You're right, Cleveland often boasts lower purchase prices, making entry easier.

Are your prices a lot higher?

I'll see if I can use some of this because I get almost no Airbnb bookings unless I drop price way low.

@Joe R.Good intel and good news on pricing for pools and trusses, thanks Joe.

Purchase price: $70,000 This was a 3 bed 1 bath that I paid for.

Here’s some guidance to help with your next steps:Hard Money Loan: Hard money lenders can often cover both the purchase price and some rehab costs (up to 70-75% of the after-repair value or ARV).

I would love to connect and get you pricing! 

Whereas owner occupant buyers are looking at comps, sold prices for similar nearby properties, and don't care about cash flow. 

About me, most of my assets are RE but in another market so I would be diversifying in that market.Potential for appreciation is very uncertain: prices have risen a lot locally lately and are as high as they have ever been, and it’s unlikely higher prices would be affordable by locals.