I own rentals here in Columbus, and appreciation here is great - about 7-17%. 

Very much appreciated! 

Which of these towns are suitable for cash-flow with multifamily investing in your experience with good income growth and appreciation?  

I think people are ignoring this thinking that real estate appreciation is linear, which it is not.

Long-Term Appreciation: Buy & hold focuses on long-term wealth accumulation through property appreciation and rental income.2.

Appreciate your reply.

I commonly see them used in the application you described, although many investors who do this don't fully appreciate the risks they are taking.

I appreciate your advice. 

Due to the market appreciation during the last few years of regular payments I was able to remove the PMI from all loans except for one.

Time sink: takes so much effort and time while working full time.Option 2: Buying Rental Property in a Cheaper MarketPros:Time to cash is immediate is about 40 days from closing time.Landlord friendly: which means eviction and rent control in LandlordDiversification: Investing in a different location spreads the risk.Property Appreciation: Some emerging markets might offer significant appreciation over time.Established Rental Market: Easier to find tenants in established rental markets with a high demand.Potential to build an ADU: i can build on the property land.