The purchase prices are cheaper, the supply/demand ratios are much more favorable, the cash flow is higher and more reliable and you can take advantage of the massive growth Atlanta is expected to see in the coming years and decades. 

Detroit has more to offer though:)Overall, your approach should be strategic and you should be targeting a specific Property Class (A, B, C, D).If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Specifically, my question is whether you can acquire a short-term rental, then immediately turn around and use the income from it to qualify to purchase another property.

According to public record and info from tenants, the owners purchased both properties in 2021 as a contract for deed.

We've saved up enough at this point to perhaps start looking at purchasing our next property.

Purchase price: $93,000 Cash invested: $18,000 Sale price: $145,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Lawrence Cosper, purchased a home on W Knoll St, Houston, TX, for $93,000 on 2/18/2022.

Purchase price: $279,000 Cash invested: $45,000 Sale price: $425,000 Off-market property I found, contacted the sellers and proposed a cash offer of $279K "as is" (suggesting we would clean out the entire property & dispose of whatever the sellers didn't want.).

Congratulations, Jason on your new purchases.

I found some properties and they cashflow but I am looking to talk with someone about their experience as an investor here before purchasing.

My primary goal is appreciation over the next 5/6 years, cashflow positive preferred but cashflow neutral at a min.I am considering the following options:1- Purchasing a new duplex from Two Ten Communities in Buda.