I would also say you could concentrate on certain types of markets, say college towns (think Omaha, ann Arbor, Charlotte would be an example)s or military communities (Fayetteville NC, Colorado Springs,  Killeen TX) .  

I've lived in Michigan (Ann Arbor and Ypsilanti) and too infrequently return to vacation.

So I decided to leverage my knowledge in construciton and start building a foundation on the developer side and accepted a position as a Project Manager for construction of ground up Healthcare facilities.I am currently on the fence of jumping head first into the bigger pockets community to start flipping homes.  

Healthcare is not cheap nor are the day to day living expenses for two retirees in their 60’s.

The 600# gorilla for me is health care. 

They avoid taxes, avoid health care expense, avoid insurance, avoid workman's comp and by doing so they undercut someone else who is following the law.

My health care is currently almost $3K per month not counting the deductible. 

Can I get a Certificate of Occupancy for this as a rental in Ann Arbor?  

I help head up the Ann Arbor Real Estate Investors Club.

Win home inspection 2232 S Main St # 366Ann Arbor, Michigan