Ideally, you want to look for markets with a growing economy, diverse industries, and growing population that indicates strong rental demand.

With a large and diverse population, there’s a steady demand for rental properties, particularly in the affordable price range.

@Sushil Iyer I agree with @Travis Timmons that Temple and Belton are generally better pics with a more diverse economy versus Killeen.

As Bill Thomas says, “the greatest amenity in a senior community is community”, so investing in things that will promote togetherness and cooperation are high priorities for the population that I am addressing.The funding model also relies upon bringing together different groups and structuring deals to meet their diverse objectives.

Here's why:Affordability: Your $180K-$200K budget works perfectly here, with plenty of single-family homes and duplexes in B or C+ neighborhoods.Cash Flow: Rent-to-price ratios are excellent, with many properties renting for $1,500-$2,000/month.Landlord-Friendly: Oklahoma has straightforward laws that make managing rentals easier.Economic Growth: Both cities have diverse, growing economies, fueling rental demand.Low Taxes: Property taxes and costs are some of the lowest in the country, boosting returns.OKC and Tulsa also have strong investor networks to help you build a boots-on-the-ground team.

Out of the areas in KY that is not one I would have thought would be on most out of state investors radars.I am still in the initial stages of my research, but Owensboro made into the list while choosing candidates based on cities with diverse economy with significant industries for an LTR.

It’s great to have someone with your level of experience and diverse background here.

I joined BiggerPockets specifically to address this and to build relationships with people from diverse backgrounds and locations.

With Canton, Akron, Youngstown, and Cleveland all within 45 minutes of each other it’s a pretty big and diverse area. 

Its essentially in the longterm best interest of the property owner to ensure there is a non-compete clause in all leases; merely for the benefit of securing longterm relationships with the tenants.A diverse tenant mix can attract a wider audience and contribute to a more vibrant environment.