If you are adamant this is how you will scale your business, I would overemphasize the importance of systems because the BS minutia operating real estate in these markets will be greater than in higher barrier markets where greater operational efficiencies exist. 

That being said in any market you will want to do your homework and make good connections. 

Currently, we have learned a lot on how deals happen and what it takes to be a competitor in our market.

Next they're going to try to get their profits back.The biggest issue is the carriers leaving markets.

@Sharad BagriIn my market in Northern Nevada Reno market and in my experience working with clients none of them are accredited investors.

And often the improvements to be made are raising rents to market.

Took this over from original owners at severe under market rents.

Additional Information:Any advice on navigating a market move with ongoing investments would be greatly appreciated!

Contacted and agent from Zillow in the Austin, Texas market and they suggested the area.

I'm talking to a few about eventually looking at long term rentals as the STR market seems to be pricing the locals out of the buying market.