A more viable approach could be a straight 75% cash-out refinance—but only if you’ve invested in a city with strong, sustained population growth.

Tip #1 - no such thing as one perfect market There is lots of data on Bigger Pockets and MTR experts that have released rankings of top cities for next year, but remember it's not just about the purchase-- it's also about the operation.

For STR, AirDNA is the most popular option of course, but the pricing model per city is rough (if it's still like that).

This added demand for rentals drives up rents.You must invest in a city with significant and sustained population growth to have rents outpace inflation.

Pete, try looking at cities within an hour of those areas.Lately, I’ve actually been seeing more properties hit the 1% rule, which hasn’t happened in a while.

Keep in mind rent control is 1 thing, its a laws for existing tenants but some city's like Newark are so strict that you must get approval for what rent can be even after a tenant moves out and new ones move in. 

for infill I concentrated on Charleston Sc and built about 35 homes in that market. uber competitive for dirt though they are running out of it and the city wont let you tear down homes in many cases because of historic considerations.

Kansas city is a great market to invest in - are you thinking smaller (1-4 units) or larger (5+ units) multifamily properties?

@Breeya Johnson,Austin is one of the rare cities in the Sunbelt that’s highly unaffordable.

After all expenses paid the profits are closer to $2k at $8k/month revenue. 5+ bedroom homes in mid-sized cities is my strategy.