I'd look at what happened to home values and rental rates in those areas back in 2008 and see how resilient they are. 

They aren’t as resilient as a house would be. they don’t seal the same way so insects are often an issue.

With interest rates elevated yet property values remaining resilient, finding cash flow with a reasonable down payment is an incredible challenge.However, the BRRRR strategy (buy, rehab, rent, refinance, repeat) makes sense for a lot of investors, as value can be created through forced appreciation (renovations) and capital recycled through cash-out refinances.

These strategies help counteract the negative effects of inflation, such as rising prices and decreased real returns, allowing individuals to navigate economic uncertainties with greater confidence and resilience.

The series kicks off with a mixer at Seven Roses on Nov. 10 at 5:30 p.m.http://www.cleveland.com/entertainment/index.ssf/2016/10/new_free_workshops_hope_to_tur.htmlMission:Slavic Village Development works with and for its residents, businesses, and institutions to promote civic engagement, community empowerment, and neighborhood investment.Vision:Slavic Village Development is a forward-looking service-driven organization which honors its neighborhood’s resiliency, diverse cultural heritage, and inclusiveness.

From the research I've been doing from out of state, the market is performing well and shows signs of being resilient in a recessionary environment: - Unemployment is ~2.7% which is below national averages- Vacancy is low at 3.1% despite rents increasing 9.7% from last year - There's not a lot of new inventory coming on market (# of units grew only 1.9% this year) Combining all this with the fact that housing prices have increased, so that it's more unaffordable to buy a house at this time, bodes well for multifamily.But what's it like to be actually in the market? 

I do not know if I agree it is the BEST, but Ohio (and the midwest) are so strong and resilient.

I've made a list of pros and cons but would like to know what I'm missing/what else I should consider:Pros of buying:Building equity in the property (mortgage payment would be about the same as rent)It's currently cheap to borrow (low interest rates)Bay Area prices have been resilient for the past 20 years or so although we can't assume this will continueI could generate some rental income by renting out one of the rooms to a tenantCons of buying:I don't want to live in the bay area long termBay Area market could crash pretty badlyThe market still seems pretty expensiveI hear the laws in California are really bad for landlords and that there isn't much recourse in the event that a tenant needs to be evicted.This would be my first property and although I don't plan on staying in the Bay Area for more than 2 years, I would ideally like to keep it as a property to generate some rental income. 

However, the median price in Austin was up 6.7% from last month and was up 3.7% month-to-month in the greater metro area.The ABoR report states that, “The most recent National Association of REALTORS® data (March 2023) found that home sales declined 22.7% nationally while in Central Texas, they declined 14%, demonstrating resilience of the region’s economy.”Here are additional stats for Austin and the greater metro:Inventory is holding steady, with both Austin and the greater metro sitting at 3.2 months.

According to JLL:Multifamily, will remain resilient to the effects of the COVID-19 outbreak with its more stable, longer-term income profile and defensive investment characteristics"I tend to agree, though it's hard to generalize across all of multifamily since there are so many different types and classes.