That gets you down to basically nothing right now, however, farm land prices are increasing rapidly in some areas as of late. 

If investors start backing out you may see home prices soften.Sprawling has been picking up rapidly in NWA over the past decade and it will be interesting to see if city planning can keep up with transportation development as the area grows.

So, i am not located in MI myself, but have a ton of friends who turned clients that were out in Detroit and Grand Rapids area for school and ended up staying. 

It's close to downtown and in an area rapidly expanding. 

Build out your team to be able to move on properties rapidly.

This will create thousands of additional jobs, bringing more people to the city and increasing housing demand.In ConclusionWith a fixed supply of properties in the range of $320,000 to $475,000, a rapidly growing population, and a growing number of jobs, it is almost certain that rents and prices will increase in the foreseeable future.Thanks for reading my post.

Their FB page is: https://www.facebook.com/reiaofaugusta/  For real estate education and hearing from people who are investing locally there is AORE (Art of Real Estate) that also meets once a month at Savannah Rapids Pavilion.  

Chicago is one of few markets where we have a decent cap rate in good north side areas (its not high like a lower growth small town but is higher then comparable cities nice neighborhoods).Areas like Avondale, west logan square, albany park and rogers park are seeing rapid gentrification so thats where I typically push investors who are interested in Chicago.

That way they can masterplan communities that thrive with live work and play as their communities grow rapidly. 

The fundamentals of Las Vegas market will drive prices and rents higher over time:- Land shortage - The population increases by 2% to 3% per year, and the available land for new development is rapidly declining.