Probably someplace that has had a net migration of people for awhile and a few new employer openings that could get postponed/cancel leaving an over supply would be my first guess.

Long term with baby boomers a majority of net migration is moving to warm belt states.Memphis Invest also does Dallas Invest I think.

Wisdom is to realize that surprises happen, unfunded liabilities exist, bonds are headed for a dive, rents are peaking in some markets, Illinois is broke and getting broker, 800,000 rich people are leaving California and New York and heading to Arizona, Nevada, Texas and Florida (and New Zealand) and there is a migration that runs from new taxes.

Since I would like to migrate to the Seattle Washington area next, that is probably the location I will be looking at doing this.However, I know there must be deals in this area which have not suffered from the massive inflation which the city has which might still give me the opportunity to do what I would like to.

I would not buy a rental in an area where the net-migration is negative.

Nevada ranked 3rd in Atlas Van Lines annual migration report in terms of most popular states to move into.

I migrated from singles to duplex to 12 unit MF.

Naturally, as people have gotten priced out of those markets, they've migrated towards Little Havana.

West Greenville, Poinsett Highway (Sans Souci /TR)  are likely to capture a large part of growth in coming years as schools improve. 2) One thing not referenced is the impact Southern migration has on home values.

Aside from that, my reasons for choosing Charlotte were that :It has a strong economy with a variety of industries & a growing tech sceneThe avg rent-to-income in Charlotte is around 27%, which makes it pretty affordable for tenantsThe rent to home price ratio was relatively high (2% rule, though it looks like it may need to be more of a 1% rule, as with other places)It's generally safe, with crime trending downward over the last 10 yrsNet inbound migration was highHome appreciation was up, but not ridiculously so like some other markets (like my home state in CO)It's near to several other potentially attractive markets if Charlotte _didn't_ work out for us, like Raleigh, Nashville.All these factors lead me to believe Charlotte is going to be a good place to acquire buy & hold rental properties and try my hand at a new business.