For years I told people the most dangerous spot for a real estate investor is 1 or 2 units.

WikipediaLow crime rate: Never invest in any city on Mapped: The Most Dangerous Cities in the U.S. list.Low operating costs:Property taxes: State Property Tax Rates - Rocket Mortgage.State average insurance cost: Insurance - ValuePenguinIf you follow this process, you will have a short list of cities for further investigation.An Additional ConsiderationOne additional consideration is an experienced investment team.

On purchasing existing, it's VERY dangerous waters.

Lastly if any dangers, from ADT Crime map I found San Antonio to be a bit more safer than Dallas and Houston. 

DANGER DANGER DANGER!!!

DANGER DANGER DANGER!!!

The idea that all weather should remain the same as it was on August 14th, 1972 is crazy.The greatest danger to investing in the Oregon coast is the politics.

Variable rates are dangerous 

remember payments may only be 400 a month at best.. 6 months reserves is a whopping 2400 dollars.. so someone theoretically with less than 10k in cash could get into these properties.. this William I personally think is highly dangerous for lender and for buyer... its not losing the 10k that's nothing its getting your personal credit trashed when you can't make the payments because you lost all your cash.IMHO if you want to be in the rental game you need 20 to 30k liquid at anyone time that you don't have to borrower etc.. this will insulate you from taking a loss. as you build units of course its not exponential but you need a base.And since this is not TRUE cash equity only paper equity there is no hope of selling them for a profit or what you have in them.. 

These were are all in California and put the personal residence mortgage of the owner in danger also.