With continued job growth, an expanding economy, and businesses relocating to DFW area, we should see continued demand for housing and rentals. 

It is amazing what is going on now and hard to know if this will continue with all of the growth coming from out of state.  

However, it reduces the growth of the wholesaler, create a risk of wholesaler not getting any money back, and it will ruin the relationship of cash buyer and wholesaler since everyone want more money for themselves. 

So back to the poster's question:  I'd invest in largest cities that make up the banana republic where there's evidence of growth, despite the bad news at the State level.  

We currently Rent in a small Studio in Northern California, being frugal so that we can quickly grow the funds needed to get in comfortably while absorbing as much knowledge as I can.  

Just don't be obnoxious about it so the city or the local inspector feels like he has to roll up on your job.Yes, we have big job growth here.

Much of the country has seen phenomenal price/rent growth in the last 8 years, and that explosive growth simply cannot be sustained indefinitely.

I'm in Austin TX, which-as you probably know-has been experiencing totally bananas growth and appreciation recently.

With their rapid growth you don't get good support anymore, just somebody reading a script or redirecting you to help articles.

Those jobs tend to have pay tied to inflation targets and while there is a ton of promising tech growth, development builds have been focused on eating up the new comers.