Hi Joshua,I would like to invite you to the next BP event in Portland, more info here.On October 11th people will be meeting on the outside covered (and heated) patio at Fire on the Mountain at 3443 NE 57th Ave, Portland 97213 to discuss real estate topics and the booming Portland market.Hope to see you there!

Little brash and abrupt for a friendly platform wouldn't you say @Nathan W.?  

Only the most desperate renters would probably agree to live there so the price of the property would have to be dirt cheap and cost you as little money as possible in the rehab to make it worth the effort.Your gambling that the surrounding area will be gentrified in the next few years and increase the property values.If this was in Southern California I would say yes absolutely but,the ATL may be a little harder to wait for unless the population booms there in the next 5 years.

Here is an article from the most recent Indianapolis Business Journal on the developments in the Herron-Morton neighborhood.Downtown Boom Hits Herron-Morton

The housing is booming here KC , any thing that looks close to right priced right goes quick with multiply offers.http://www.bizjournals.com/kansascity/news/2016/04...

To other points, yes I know Colorado is a difficult place at this time as it is boom at time being.

But the biggest cyclical/economic issues here, IMHO, you did not mention:Hotel rates, execustay rates, Airbnb rates, and other furnished rental rates are higher during an economic boom.

Basically with the guy I have now i just bring my 1099's, my deductions and boom theres my number.  

Brian Mathews In 07 our area was booming and there was a general contractor on every corner, 08 came and they started dropping like flys.

The One https://www.architecturaldigest.com/story/inside-the-dollar500-million-giga-mansion-boom