Purchase price: $24,000 Cash invested: $60,000 A once-dicey neighborhood turns into the hottest thing going.

. - which was once considered the place to go for great deals - is now one of the nation's hottest markets as people from the Seattle area were looking to get more for their money by going south.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $100,000

Cash invested: $5,000

I bought this Duplex and did light renovations to both Units. I refinanced it...

https://www.dispatch.com/business/20190410/columbus-is-nations-hottest-real-estate-market

Exterior Home Remodel: Tips, Tricks, & Hottest DesignsYou’ve heard it said time and time again: curb appeal is king when it comes to first impressions.

As someone who has never seriously looked before now, in officially one of the hottest real estate markets in the country, should I wait for a fall?

I've started buying outside of FL as cash flowing opportunities are getting tougher and tougher to find here, then again my area is the hottest.  

Cap rates are so compressed in the hottest markets that a smaller market with a larger cap rate will produce the same return with less competition to get in.I've done a lot of research on smaller markets with Census Bureau data, but it's not especially current.So now I'm looking for and analyzing the most current data I can find that covers all or most US markets.

Question: I came across a deal in the hottest part of town for a deeply discounted price.

I did the same when I had my initial ideation of Burbz.This appears to be focused on investors that go nationally wherever the hottest markets are, and not investors who are focused on specific markets.The value prop to me is too contingent on the number of deals I need it for.