We also choose the types of deals we put in each IRA so we can get the growth where we want it.Keep in mind if the IRAs borrow money (must be from someone who is not disqualified), it must be "non-recourse", and you cannot put a personal guarantee on it.

Recent job growth must be positive, and future projection must be positive.  

Since when Phoenix becomes a tourist destination.Also, the article refers to Vegas, where the city has an oversupply of "cheap" hotel rooms and housing oversupply with inadequate job growth. 

The wave has crested here in the Greater Phoenix Metro area, we are one of a few places in the United States that will continue to see growth and a steady increase in demand in the years and decades to come.

Additionally, their professional staff pin point the most viable neighborhoods for both optimum rental income and home equity growth, partner you with experienced local real estate experts and once you take ownership of your chosen property, they take care of everything from furnishings to placing quality tenants to hands on property management.  

The other 3 areas have seen some high price growth and are highly sought after these days, the price to rent ratio won't be on your side in most cases.

STRs are a very fast growing sector (anticipated to be 20% growth in 2023) and the IRS has not caught up all their information.

Some concerns I have with the Chicago market include the stagnant population growth as well as high property taxes. 

And while home prices have cooled for the area this month a recent report from CoreLogic showed that the Austin MSA saw an 11.9% year-over-year rent growth for single family homes.

Although your numbers say you wouldn't have a lot of cash flow, if the area the home is in offers higher appreciation growth than other areas, it would be worth considering.