Like any market there will be ups and down, positive and negative trends but at the end of the day, cashflow is king and numbers don’t lie. 

You've definitely touched on a common current trend in house hacking.

The more I look at this the more I come to the same set of conclusions.This real estate investor trend/boom/etc. really took off after 2008 when prices were artificially low.

Hopefully the trend continues and we get back to some balance.

While the first group is usually bunch of trend follower groups (eg: invest in MF syndication,etc,etc) , the last group is the one that can do BRRR everywhere and be more agile in investments.

They will have the best, up to date info and understand the trends, etc.  

For those who have followed this trend, what have you generally seen as compared to  the performance of newer builds?

I have not personally invested out of state YET but have heard that “population growth” is an important metric to keep in mind when looking in markets to see the trend of people moving out or moving into areas.

You could gues-estimate the future price by examining cap rate trends or house value trends in the past such as Zillow range.

@Mike DymskiGood article.I know this is hypocritical to say as an investor but the increasing trend of heightened competition among larger institutional investors but also small time investors purchasing across the country is concerning to me if not enough homes are being built.