With the Braves now playing in nearby Smyrna, the area is likely to continue to grow.

They finished one reactor (the years of constant transient workers staying nearby in RV's and mobile homes), but the majority of contracts are complete and they naturally go home.

Not sure what your budget is, but if you’re looking for an affordable place to get started in and don’t mind a little cash flow, Chattanooga may be worth a look—I definitely second what @Tim Ryan is saying about the city.If you’re willing to venture into nearby states, there are plenty of similarly affordable markets in Alabama, Georgia, and the rest of the Sunbelt as well.

Storage 3Unit Number: 158Size of Land: 1.3acreLocation: close to home, can actually manage from time to timePopulation: about 38K within 3 milesPopulation Growth: NeutralRent at 100%: don’t have exact layout but nearby 5x5 is $25, 5x10 is $45, 10x10 is $65Projected NOI: guessing 100K to 120K?

Investing in properties outside Miami Beach or nearby cities with lower taxes and better cash flow potential is also recommended.Good luck!

I am dying to find a quadplex in a nearby neighborhood.

Those occupancy rates sound compelling and with a hospital nearby it seems likely that there would be demand.

The more you add, the more you lose, and the fewer chips you have left to recover those lost chips. 

@David S RobertsI'd venture to say those nearby properties are just ignoring the law.Most cities and counties in Colorado have well-defined STR requirements, and if you meet those, then you can operate a vacation rental. 

If there's fewer transactions, there's less opportunity for wholesalers to skim off the top.Also, wholesalers typically work with investors and with rates higher, investors have less room to pay for wholesaler fees when their net yields are already significantly compressed due to having to pay more for debt.