What you say about family size is true, but it varies greatly within different cultural/ethnic groups. 

I don't know much about South Dakota, but if you are  FLA native, then Miami to SD could be a real culture/ temperature shock. 3) I don't remember who said this first, but I have heard it several places (Jason Hartman, Robert Kiyosaki, ...) 

In all seriousness I think markets big and small that offer affordability while still having a “draw” whether that be natural beauty, cultural amenities or a nice tertiary market close to a major metro.

Mostly because it shows how incredible of a culture the Cleveland real estate investors have, and also that I have nothing to add to the conversation.

I would say that the it is also important for anyone that looking at these types of areas to remember that the potential returns do come at high level of risk as you are investing in a developing countries and you need to take account of the specific location of where your investing in a place like the Philippines as wealth and culture can be vastly varied from one area to the next.

If you can access cultural centers or some kind of retail by foot, that's a big plus.Even if there is no medical care, there will be employees and it's not a passive investment for anyone that gets involved.

I could probably wake up tomorrow and this would change :), so don't quote me on this, but i think the one thing i can mention in this area is this: When you're trying to do a loan mod, don't be blinded with the money coming in (i.e. don't get greedy), you might get a good deal on the front end, go celebrate for a couple of months, until you wake up and realize that this deal did not match the home owner's situation and he/she is in default again.I always try to make the homeowner put a price they are comfortable with and i try my best to knock-off 10-20% of that monthly PMT to show goodwill and show that i'm trying to keep their homes by allowing them to make their payments on time. 

When I'm not bopping' around the inter web looking for property number *two*, I am discoursing long and hard on all things theological, philosophical, political, cultural, economical, whimsical, ecumenical, and everything else I know very little about.

Now I live in the DC area and maybe its the culture, but thousands of people wake up and declare themselves investors.

EVERY Brokerage is going to want you to work there, so keep in mind that YOU have the control/power of choosing where to go based on culture, features, splits, pros/cons, etc.Good luck!