Just be careful to properly comp your ARV for refinance purposes - it can be tricky to pick the right comps without knowing the city.Good luck!

On the other hand, I think Austin, TX has not so desirable cashflow, but would be my best pick if all I care is appreciation down the road. 

I’ve mostly skirted around the swarm of investors and picked at what I could find myself through Zillow.

But how do you go about picking such a location?

You have people all around you that want you to succeed, and help them on their journey as well.Watch what happens when you pick up the phone and call without an agenda.  

We could have picked up nice properties for 30-40 cents on the dollar, but we were so concerned with the 6.8 percent interest rate, and we were doing the Dave Ramsey debt snowball nonsense... sigh. 

Property picked up with 100% owner financing and very little work done so I am out of pocket maybe $5k total (closing costs plus the minor repairs) OPTION A.) 

Should I pick up one of these properties if the numbers make sense now or just wait to see if the market will go down in the next 1-3 years?

As an investor that is scaling do you really want to be making trips to HD and Lowes to pick up stuff when you could be finding your next great deal?  

Do you have any insights or processes for how you pick a city?