In 2022 the rents increased 12.1% year over year which was the 3rd highest in the entire country per https://www.axios.com/local/cleveland/2023/02/14/cleveland-rent-prices.

It's rarely talked about, it seems.I looked at some listing in the Research Triangle in North Carolina but the cash flow doesn't seem great, especially there could be a major assessed value/property tax increase as there was a lag of 4 years in NC.

Park Hill has always been sought after, but this will only increase it’s desirability…..

I have found that the "value add" opportunities, with rent increases, renovations, zoning conversions, and other work needed, absolutely do take up more of your time compared to a more turnkey property - even with third party management overseeing the process. 

It hedges any downside risk and increases cash flow.

The country's continuous population growth, coupled with its high demand for urban housing, positions its real estate market for steady, long-term price increases.Over the past decade, cities like Berlin and Munich have seen remarkable growth in property values, with an increasing number of investors betting on the continued upward trend.

However, investing locally has become increasingly unfeasible and unrealistic due to the high costs.

I think the rest of the data here is really valuable still if you consider an incremental increase.

(If you have not already) read enough books on real estate to increase your knowledge base.

I’ve had people who signed up for 6 months and stayed 5+ years, paying increasing rental rates.