Consider factors like tax rates, landlord-tenant laws, and regulations that may affect your ability to generate positive cash flow or enjoy a favorable investing environment.

The strong job market and business-friendly environment have contributed to sustained economic growth, attracting a highly skilled workforce and creating demand for housing.Also, historically, Austin has seen steady appreciation in property values.

Hi Lee, BRRRR's are difficult to execute in today's environment, even for experienced investors like myself who have bought 100+ unless you are active and sourcing your own deals.There are a lot of options, but sub2 and seller finance are attractive right now.

Regulatory environment of that particular country or market.

In today's rate environment, I feel it should always be a consideration but certain conditions won't generally provide transactional or offer enhancement. 

It is just a matter of what kind of environment you want to invest in.

In this inverted yield environment we are paid well to be patient and strategic. 

Economic environment is still hard for many people with rising costs and mostly-flat wages.

By Southern Illinois I mean anything outside of greater Chicago and environs.

This seems to be a reasonable approach but what happens if the macro fiscal environment further deteriorates leading to declines in home prices?