I know the MO side extremely well (street by street). 

Flips sound like I would really enjoy doing them more, but I have extremely limited knowledge in fixing/repairing homes and don't have much extra time to spend doing it, so I think the "fun" part of having a flip I wouldn't be able to participate in and would just have to hire out.

Making a friend a lot more money than they were getting previously - Last year was my first year to attempt a JV Partnership on flips and it feels extremely rewarding making a silent partner money that they would have never expected/received from traditional investments. 

(as there are every where) You would just need to spend a good amount of time really learning the area and being comfortable with all the forces at play where you eventually decide to pull the trigger. 

Could the rates be what triggers the correction? 

I hope to pull the trigger in one of these markets with my first investment property this year, so it shall be determined as to whether the rational hold true.

I am very new to this, but want to educate myself on the knowledge i need to be able to pull the trigger on my dream of being in real estate investing and residential redevelopment company for my community.

I just found this site and find it extremely useful.

We're extremely excited to finally be a part of this community, and can't express our appreciation enough for all the folks that helped us pursue our first property.

They were extremely helpful.