Hi,Does anyone have a good process/resources for researching future job growth trends in for various cities?

Obviously it will rent lower than a 2/1, but if the location and growth is in the area, I don't see why not?

Finally, as mentioned earlier, it's crucial to build a great network of professionals to help you and to occasionally visit your property yourself.I am a real estate agent and investor in the Houston market.Katy, Cypress, Spring, some parts of Houston, Conroe, Tomball, Pearland are great markets.Rent growth and appreciation is steady.These cities tend to command quality tenants, and they have great schools.Good luck!

Hello BiggerPockets family  - In my view, both employment and population growth are important but incomplete factors when considering acquiring an asset if the replacement cost is lower than the appraised value of the small apartment.For this reason, I would prefer to invest in Chicago compared to a city like Austin, TX USA. 

I think they are just very busy and currently understaffed due to explosive growth (it's a great podcast).  

There are other reasons to purchase an investment property other than cash flow - appreciation in a high growth area.

Quote from @Jourdan Mercer: A mentor can really accelerate your growth, no matter what level you're currently at.

I think the only merit to this is if taxes in your area are really high meaning hundreds and hundreds in negative cash flow and a long path to profitability either due to this or rent stagnancy.Since this house is in Arizona, which from all indications is a fairly strong rental growth market, and you could feasibly have the house for nothing into it with a good chunk of cash in the bank to cover the temporary negative cash flow, I would probably just go option 1 assuming the taxes are reasonable.

Lots of yield (16% is easy these days in beaten down reits) and growth opportunities in paper equities now.   

Do you think that the area of houston that this house is in is likely to see consitent appreciation and rent growth?