What attracted you to them and what cemented the decision to move forward with them?

But frankly, in my opinion, buy and hold REI is not as attractive as it used to be in most markets. 

Or if not, how much would the market have to come down to make it attractive again?

I think part of what is happening in Mississippi is that the rent income relative to cost of houses is so good it is attracting an awful lot of out-of-state investors who have trouble finding deals elsewhere.

It seems like the cash flow potential for the price that you pay is certainly attractive.

I got an email not too long ago from Zillow it said my home was worth a lot more than I bought it for. my mortgage has a very attractive fixed rate so I didn't want to refinance my house so I started looking into other ways to utilize the equity to invest.

But the areas I found attractive are Indiana and Tennessee.

/Griscom StreetNorth: Cheltenham Ave.East: Tackawanna/Charles/Valley StreetIf the allure of the tax breaks associated with the zones attracts developers, a byproduct of their investments is that the properties in these areas will appreciate.

Also, closer to Baltimore Pike is more attractive I have heard as there are transportation options there connecting to downtown.With that said, Cobbs Creek is still a big area, have to narrow down your area you wanna invest in.

IOW, I should be able to rent for low enough that I can attract the childless tenants that don't care about school districts, but enjoy a great deal on a rental.