Yonatan,Not that I have a great deal of experience yet, but i personally like the large college towns such as Lansing, Ann Arbor, Kalamazoo, Grand Rapids, etc. 

Hey all my name is Caleb, I am a local investor and wholesaler who is trying to make it into my dream condo which is downtown Grand Rapids MI in a place called River House, some call it Varnum because that is the building next to it.

I suggest getting plugged into REI meetup in Cedar Rapids.

Amit purchased in '97 when RE was probably slightly undervalued, but advising people to buy today with expectations of the same appreciation you experienced is bad advice, IMO.I'm all in favor of buying for appreciation, but do it near the bottom of market cycles, not in the midst of a new bubble being rapidly inflated.  

I primarily invest remotely and live about 2 hours away in Cedar Rapids, IA.Same to you!

It's in a C-class area of downtown GNV that is experiencing rapid revitalization, so it's mostly an appreciation play.

Unless you really don't enjoy your work, considering you've invested so much time and money into your profession which I assume you can leverage to A great income stream , I would get into RE investing incrementally because so much of getting financing is showing a strong balance sheet and income, unless you have some investors or partners.

Then you can build up your funds again rapidly and do another deal.

However, the lender often releases the money in small increments as you complete the rehab.

This indicates that there is still healthy buyer demand in the market, despite the rapid cooling caused by higher interest rates.Overall, it appears that the Austin metro market has returned to its normal seasonal behavior after roughly two years of incredibly extreme conditions.