@Nathan G.Books read in 2019:1) Getting Things Done2) Antifragile3) The Big Short4) The War on Normal People5) Good to Great6) The Gift of Fear7) 19848) Long Distance Real Estate Investor9) The Story of Kodak10) The E Myth: Revisited11) Trend Following: How Great Traders Make Millions in Up or Down Markets12) The Book on Estimating Rehab Costs13) What Every Real Estate Investor Need to Know About Cash Flow14) The Book on Managing Rental Properties15) Set for Life16) The Millionaire Next Door17) Zero Risk Real Estate: Creating Wealth Through Tax Liens and Tax Deeds18) Real Estate Loopholes19) Market Wizards20) Rich Dad Poor Dad21) Sleepy Hollow22) The Personal MBA23) On Tyranny2020 Reading List:-Wealth of Nations-The Organization of Industrial Scientific Research-Toms River-In Love and War-Skin in the Game-Extreme Ownership-Best Ever Apartment Syndication Book-Finance for Nonfinancial Managers-The Muller Report-All Quiet on the Western Front-Zen and the Art of Motorcycle Maintenance And whatever else catches my eye...

With that being said, we do not actively avoid certain areas because you'll find the overall economy in central Indy is doing very well for a number of investment strategies, including buy and holds.However, if I'm being honest, the areas that typically detour us and make us take additional time to assess and run numbers are primarily the eastern and western skirts (i.e. 38th street on either side) of the circle as you'll find slightly higher crime rates and you'll see a larger demand for rent-ready properties than for fix and flips necessarily.It just depends on how long you are willing to wait for those c/d class neighborhoods to appreciate - which is where that advantage of the buy and hold strategy comes into play again.

Lake Erie is a huge resource and the both the Cleveland Clinic and (case western) university hospitals are world class medical facilities.

@Joe Splitrock you can insure timber against fire just like any other asset.. now beetle kill that's another matter.. that has wreaked havoc on the Western Pine.. but our northwest fir that is in the coastal mountains were we had our tree farms virtually never burns. and there is no beetles in fir and Cedar..  

This is the same for every Western city.4. 

@Chris WebbI read in a Facebook group that western wealth capital syndications (Buck Jeffrey) had a deal that was 18 month deal bought in 2022ish and the person who posted it noted he invested $50,000 and the property was sold and they got $800 of their $50,000 backSo a 98.4% loss.

Finding a cap rate >7 on a duplex with positive cash flow in Western Washington seems like a unicorn in this market, but we found it and so far I enjoy mowing the lawn every 2-3 weeks as an excuse to check in on the tenants.

It started in Feb after Ukraine invasion and russia oil embargo by the western country.

YUP exactly pretty much every mid western deep south large rust belt city each have thousands of homes fore sale under 250k and most have 1k to 10k vacant homes per city.. and then you go out into the country side of rural  mid west and hundreds of thousands of homes under 200k.

OR and other Western states.