The city is over saturated with houses.

I think it is a great idea to purchase in emerging markets vs over saturated markets.

I started looking outside of Utah because the market is saturated with investors willing to bet on appreciation.

And don't even get me started on the CRAZIES that arrive to rent Airbnbs.I also think more and more people are trying their hand at Airbnb which eventually will over-saturate the market.

We've also saturated the market with degrees so by the time you realize you need a job, a masters degree is now everyone's bread and butter.

I had considered Austin but heard that it's even more saturated than the  surrounding areas of Dallas so I avoided it all together. 

Maybe it comes from spending time on BP, but I'm getting concerned about rental saturation in these areas.Thoughts or comments? 

The cap rates in those asset classes have already compressed and they are saturated with people looking to deploy active and passive income into.For over 10 years, I have been screaming from the mountain tops to invest in office, retail, industrial, land development, flex, warehouse, mixed use, restaurants and conversions.

If everyone was a saver, or an investor, or an entrepreneur, my own enterprise would be within serious competition at best and over saturation at worst.

This is a guaranteed NEGATIVE deal, where the OP admits he can't raise rents to force appreciation in what seems like a financially saturated market.