I know there are some here in Sioux Falls and Rapid City has been having success in areas. 

Personally, I believe that there is alot of motivated money here (as in other major coastal cities) and unless the rise happens rapidly there is alot of time to prepare/engineer/execute. 

Back in the 80's when I was growing up in north Idaho, climate people said the earth was cooling rapidly and our area would be covered by glaciers by 2020.The bottom line is that computer models are not terribly accurate (have never been accurate actually) and that no one truly knows exactly what will happen, when or why.

I think our understanding of the MTR space is rapidly evolving.

Pete, FL for 6 months while I'm gone (in 30-day minimum increments thanks to my HOA).  

Historically, NE DC isn't the greatest area, but new apt complexes and restaurants are sprouting up rapidly which is making the area more attractive. 

I’ve read accounts by RE investors boasting about living in the cellar (not even the basement) as a  strategy for rapidly paying down a mortgage. 

He notes that he has saved 300k from not paying insurance over the years because the chances of his houses burning down is so incrementally small.

While the "Long Term Rental" numbers may not work, short term rentals are alive and well, and the metro atlanta/close neighboring cities are continuing to appreciate rapidly as more and more individuals and companies move down this way. 

The only way we can find good properties is that we developed software over the last few years which enables us to rapidly get to the 20 or 30 properties.