I mainly buy in 29205 and 29201 zip codes (I'd recommend staying away from 29203 for an out of state investor).

The main reason we'd like to get into RE is to help supplement our income since my wife stays home with our 3 young children.

I have been researching many different markets but my main question is - how do I choose one?

One reason I love this asset class is the opportunity for forced appreciation through building income and/or lowering operating expenses.One factor out of an investor's hands - it seems - is the market cap rate, which will ultimately decide the asset's value at sale.My question is: how volatile are are these cap rates?

We didn't buy it for those reasons, but in hindsight, it's an important factor for us. 

I was told most investors do not like to invest in houses that are closed to main road which I can fully understand.

I live in a small town outside of chattanooga tn so that would be my main place and do some outside of there as well.

The property type you’re looking at will play a factor.

Further, school quality os a critical factor.

.- Personal Articles: Coverage for belongings that have a special or collectors valuesuch as Jewelery, Furs, Fine Arts, Collectibles, etc...Your age should not be a factor on the pricing but, depending on the company these other factors may get you credits:- Insurance Score (company pulls certain info out of your credit report)It is not your credit score but generally better credit will result in a better score- Time at your job- Education level- time at current residence Good Luck