@Sean OToole  I do have a request for your app though.. can you put nexrad on the google earth so I can see the weather as well ? 

I happy to be in Atlanta now and you are going to love the weather.

Population explosion, positive business outlook, lots of cheap properties, less competition, nice weather

Primarily, and I'm hoping I can hear your feedback on this, the weather.

Bob Bowling You are coming across as a little harsh, especially when the original poster is correct regarding both the '50% rule' and cap rate use.50% Rule: Total Rents X 50% Expenses (insurance, taxes, maintenance, capital repairs, management, vacancy, etc) = Net Operating Income (NOI).

The weather is nice indeed but sometimes I wish it was a little crappier so it was a little more affordable :).

It probably because I have weathered the storms of bad investments, bad investment decisions, poor timing, stock market crashes, lack of experience, government taxation/regulation/corruption.

The weather in Texas can be a bit fickle at times.

From what I have read these interstate population trends are not reversing infact they are accelerating partly due to baby boom population quickly moving to warm weather states...this is no secret. 

@Sandy Uhlmann is the porch exposed to the weather conditions?