My market is houston text.

The high appreciation market will be the higher cash flow market over the hold.  

Looking for both Real Estate Agents in that market and fellow Military who do RE investing there. 

From there we identify properties that could have some potential and if you are interesting in diving deeper, 1) we do a thorough video walkthrough to give you a realistic look of the property, 2) we give a ballpark estimate of rehab costs (we do 40 a year with our GCs o we will get pretty close), 3) we talk through market rent with our property management team, ARV, and potential highest and best use.Ideally you find great investor agents who know their market really well and have a network of resources to provide you with enough confidence to take reasonable action. 

Rich Ng That's good to know, I know people who have had issues in Salem with big differences between market and section 8.

@Rajesh Kasturi My favorite MTR market for cash flow AND appreciation is Portland, OR. 

Purchase price: $77,000 Sale price: $85,000 Contributors: Peter Vekselman Partner Driven teamed up with Jamari Sprueil to secure this off-market deal in Decatur for $77,000.

So, I’m curious how you are managing to find your deals, whether you are buying at auctions or via marketing direct to sellers.

It is hard to pin down specifically, but that seems to have been a factor in a few of the ARV-Appraisals that I've seen and has impacted the refinancing process.Otherwise, it has been a great market for my clients, great cash flows and repeatability which has really helped as they have scaled.

Financing can be trickier in smaller markets, so work with an investor-friendly agent and lender who know the area.