That's just one reason why we love the Midwest and especially Indiana.While Evan pointed out cap rates and rent growth, I'd argue that investing in Indiana has a tortoise versus hare approach to it.

I would argue it is more important to understand the numbers.

Some people say ABC Always Be Closing....and while that is important...also ABL ...always be learning.Main problem for most people is that they don't understand it is a contact sport.... you have to be talking to people....all the time....on the phone, in person, friends, family, investors...and more.

"How to Invest In Real Estate" Joshua Dorkin and Brandon Turner"The Book On: Investing In Real Estate With No (and low) Money Down" Brandon Turner "The Book On: Rental Property Investing" Brandon Turner"The Book On: Managing Rental Properties" Heather and Brandon Turner"The Multifamily Millionaire" Volumes I and II Brandon Turner "The House Hacking Strategy" Craig Curelop"ABCs of Real Estate Investing" Ken McLeroy I will also include some books not related to real estate but related to personal development that I have found value in. 

However, many investors here would argue, breaking even here is a HUGE win.I also own multi-fam in OH strictly for the cash flow and price point.

Conclusion: "The data seems to argue for the slow house price growth scenario, but my view is the most likely scenario is house prices will stall in nominal terms and decline in real terms."

@Jason Malabute, while I understand where you are coming from, I would argue that there is no "underwriting strategy".

@William HochstedlerI agree with all of your points.Now specifically looking at Utah, with the economy being ranked #1 and with more companies coming into the state and jobs being created, I would argue that these record-setting supply years will not keep up with the ever-increasing demand in the state in the near future, but rather be the new norm for the state.I feel like what you are talking about is happening to our neighbors to the North.

I'd even argue that you may be better off investing that money into starting your own business. 

I would argue 5.875% and 5.5% is not a significant difference.