My advice, don't go for a homerun, a base hit is just fine.. buy something solid and get educated about your market.Its sounds like you are spreading yourself a little thin with all those markets to study. 

Not sure what the room rental market would be in Germantown.

The U.S. market is certainly a different market from Australia but can be very lucrative even for us as foreign investors. 

The only way to do that effectively is by using data.Access to resources like property analysis tools, calculators, and market data can help you make confident decisions.

Edmonton you find $400 per door easily and there's more room for the market to run.

If you're considering looking in other markets for for your next deal, check out Columbus OH.

@Brady Herbaugh I am in the Fargo market and invest here locally.

How is the West Palm Market.

Even small, common mistakes like renting below market, picking the wrong tenants, unwilling/unable to enforce lease terms, slow turnovers, or unscrupulous contractors can cost more than a good PM will charge, and that's before you account for your time and the stress.If you have the personality, I recommend self-management for anyone who lives within 1-2 hours of their investments.

I'm looking at a condo in Mesa and would love to talk to someone who is currently renting in that market.