That comes from your own analysis of all the areas you need to analyze until you find the right one(s)4 - It's the best, safest (when done right), fastest, (when done right), with infinite returns, with exponential returns, and most enduring through many generations of wealth. 

You have to have a great team, and you have to have grit and endurance. 

The other benefit of what you endured was the HUGE learning experience.

My wife and I both came from not much of anything and have endured so so much in our lives.

I'd love to connect on the phone with you about this deal and learn from you about some of the challenges you endured.

If it had the potential for outsized gains then I may have thought of enduring the pain that comes with it.

A city or submarket that is growing fast on paper, may not be creating diverse or high paying jobs that are needed to help the region to endure the next drop in the economic cycle, or even a disruption to a specific industry sector.  

I have endured my states education and testing requirements which allow me to represent other peoples interests in real estate transactions.  

Diverse companies that will endure a recession.Arlington is a community east of Memphis that will be a great rental or flip area with a great school, but sellers have priced for that.New subdivisions going in around industry mentioned above in North Miss. in small communities there.  1-269 from Mexico to Canada through it and workers can live a bit further with that type commute.Personally we land bank ahead of those trends, but most investor sales here are cash flow rentals.There will be a local area or micro area near you that is doing a similar short and long term growth job growth, etc. 

For me, the only reason to be a landlord is if the property is well-located enough to attract decent tenants who are reliable, and you anticipate appreciation gains large enough to offset any hassles endured during ownership.