I have one client that I have been building a rental portfolio for and we are now on his 4th rental property that he plans to purchase in the 4th quarter as we picked up the 3rd during this last quarter.Although the cap rates will be thinner than other markets, you do have location working for you in terms of desirability.

Define your desired parameters- and then find the areas that meet those needs. 

Depending on the tenant 25/mo shouldn't rock the boat too much if you desire is to keep them in the unit. 

Unless the lots are highly desirable, I would think it may be difficult to find buyers and create paper on them.

I have an interest in two properties which I think are very desirable on Central Freeway in Wichita Falls Texas (account# 100283 and 100284). 

I am actually comfortable in the house I live in now with no desire to move.

Desirable markets is where you want to own, but it also makes finding the right property, with the right type of financing, more difficult. 

It's the pits for cash flow, but it's great for flips, with areas of moderate to high desirability 30-days DOM and less.  

Our plan is to fix it up, and then eventually move into a much more desirable location to then sell it. 

Hey @Marcus SvehlakYou can also download the app Meetup then narrow it down to your desired location or field of interest.