Book smarts make dinner conversation; street smarts make money. 

Being an OOS investor I spend so much time on Zillow, Realtor, and especially google so I can virtually “walk” the streets.

With SS becoming more popular it just naturally becomes more competitive driving cap rates down and values up.

Rent by room strategy is pretty popular in North Dallas too because of all the new companies moving there and allowing people to surpass the 1% rule. 

It also helps to start getting out there and looking at houses with a real estate agent, walking through the property, seeing what kind of updates are popular in your market.

@Christopher Alvarez hi Chris, i have been investing in the central CT area since 2012 and have had a really good and successful run there. i invest primarily in new britain and am focusing on small multi-families there. with the abundance of those types of properties, i would recommend staying away from single families. it just does not make sense. your cash flow with be dramatically increased with a multi. i highly recommend new britain. the current mayor is doing big things for the town and if you can get with someone that knows the area, down to the street, you can really find great properties in good neighborhoods. happy to help you in any way that i can. i have a great agent in that area that owns his own properties too. i have contractor contacts, attorneys, etc. let me know!

However I don't have a clue about manufactured homes and i'm curious.I have looked in several nice manufactured home neighborhoods with paved streets, communal walkways, good people, etc. 

This is the reason that both the BRRRR method and syndicating equity have become popular strategies.

I'm closing on a three unit in Allentown on Chew street and 12th this Friday. and just received the report from the city inspection.They are asking for the removal of the oil tank in the basement which is something I was thinking of doing but saw no urgency about.

Phoenix has been a very popular destination for CA investors.