From what I read in The Economist, these Sun Belt regions often see steady population growth which can drive healthy rent appreciation.

I actually think your company, Drive Home Capital, does have a good track record in the space.

Surrounded by the timber industry.   

Certain amenities can drive bookings (e.g. having a hot tub) but don't necessarily improve guest satisfaction.  

But again, dedicated crews drive reno costs down.If you can connect with a flipper in your area (quick out your local REIG) and ask to come along when they scope out a job, you will get more from one or two trips than from a dozen books. 

DealMachine is a powerful tool for real estate investors, especially for finding off-market deals through driving for dollars.

Will use our 4 wheel drive tractor to pull between the tree rows.

Instead, as RAD explains in its circular, investors are given two opportunities each year to cash out their shares.The rules surrounding these cash-out opportunities — RAD’s “share-redemption program” — are stringent.For one, investors don’t get the full value of their shares if they’ve held them for less than five years.

“Lyons, I love seeing someone with your drive and vision diving into multifamily real estate in LA—you’re in one of the most competitive and opportunity-rich markets out there.

I personally would never ever invest in another market that I can’t drive to within 1/2 a day on my first investment.