Do you think this trend is sustainable, or could we see a shift in the market soon?

I work for a building materials company now and took their online game from Zero to very engaged in the past few years and it's been really fun.

This is really fun "Hunting" for both the market and the deal once you get started. 

Now that the property is mine, we will start getting to the more fun stuff, and I will post updates as we move forward with reno and make-ready for tenants.More soon. 

But, it may not offer the ROI as other locales, and it may not be "fun" like buying in a favorite vacation spot.2 - The highest ROI folks - Self explanatory, will go where ROI is high and/or regulation low.3 - The second home/retirement minded - These people are looking for minimal ROI but want the house in a specific location because they like to use the property and want it to pay for itself.

These guys are having fun because there are a lot of scammers and gurus out there selling LLC creation services and Wyoming Trusts and Cook Islands Trusts and if you believe all that b.s. you will end up needing to cash out refinance soon in order to access that equity in order to pay for all their services plus an accountant to keep track of the mess.

Things that could get in the way im putting out there now to make sure no surprises after someone does the work to get me quotes- New York State - Appraisal will barely be past 100k if that- 98% of my income comes from my rental portfolio (thats a new fun rule (to me) I just learned about)- Prefer something without a ton of fees and such.

Fun reno project scheduled!

Good luck, multifamily investing is a lot of fun!

I've had my share of plumber and plumbing issues -  its not fun.