If you're seeking a reliable income stream, consider checking out Cleveland OH.

@Dan Heuschele, sounds like you got your answer, but over 5 years of actively working with over 4,000 LPs, my experience aligns with Brian's.I am sure, as of today, the number of LPs that want out of deals going south is probably much higher than leading into this correction, but unfortunately, if you want out after there is already a scent of blood, the chances of finding a willing buyer at anything more than pennies on the dollar is probably slim to none.That being said, I know Cadre runs their own secondaries platform.  

The city's diverse economy, favorable tax environment, and high quality of life attract a steady stream of new residents, ensuring robust rental income and long-term growth potential.

I am looking at a constructing a single family that would extend into the floodway (not Floodzone) of a studied stream.

This provides a steady income stream with minimal risk.Appreciation Potential-The property has appreciated significantly since purchase, and you could continue to benefit from further appreciation in the future.Minimal Hassle-You're already familiar with the property, and since it's paid off, you don't have mortgage payments or associated risks.Cons:Limited Portfolio Growth-Keeping the property means your investment portfolio remains concentrated in one property.

We bought our first property in the Smokies in 2005 and now currently own 5 and manage about 30.We now have a lifetime income stream from the 5 properties, with modest mortgages on just two of them.  

If the goal is your mom's income stream why go there?   

In these cities, your financial resources will go a long way enabling you to assemble a diverse multifamily portfolio and initiate a steady stream of income.

I also changed direction in mid-stream. . .Homeowners were a young couple with a newborn.

If you are starting out, I think it makes more sense to chase cash flow to build a solid foundation; then, you can start to add appreciation plays to your portfolio as long as you have a reliable stream of cash flow already coming in.