Consider investing as a partner or lender with someone in an area such as the Rust Belt that does produce cash flow - but keep in mind that the long-term trade off will likely be less appreciation for that investment.

Now he has one under his belt he can go out and use that framework to do the next one and the next. 

From what I read in The Economist, these Sun Belt regions often see steady population growth which can drive healthy rent appreciation.

Without getting into the nitty gritty, I am new to this, but I'm partnering with someone who is very experienced and has a dozen flips under their belt.

You can stop, regroup, wait on your DSCR to improve....or you can keep going by using another tool in the old tool belt.

On the other hand, Niagara Falls, NY is a part of Buffalo-Niagara area, which is still struggling to find its footing and grow out of the "rust belt" characteristics. 2.

Have some real estate under my belt but looking into Short term rentals opposed to long term rentals.Wondering if there is a stand out book to read to gain understanding for Australian Short Term rental market/AIRBNB.Also if there is a specific group for Australians and short term rentals for Australian market/Australian tax system etc, do point me to that.Rod

I agree.. just look at any large mid west or rust belt metro.. there is a ton of houses avaliable the question though will folks buy in certain neighborhoods where inventory is readily avaliable you can buy existing in many of these markets for far less than new builds.. so to me its really a neighborhood issue  a school issue a crime issue etc etc..

If being optimistic I'd say I could do 4 per week on never ending conveyor belt. yes, again i am speaking in literal not theory.

I'm having a hard finding lending due to most construction lenders requiring at least three new builds under your belt.