@Patrice Penda In metro Detroit area, many cities want a responsible party that lives within 25 (some are 50) miles of the property.They want this because too many out-of-statate and out-of-country investors are too hands-off or too cheap to properly maintain their properties. 

That’s according to a new study from Hoyt Advisory Services and Eigen10 Advisors, which found that Austin was the No. 1 metro in the nation for apartment demand.

The Memphis Metro CCIM Chapter is offering this Foundations class that includes templates for doing a financial analysis of an investment and create amortization tables. 

I was wondering are any meetups in the Portland Metro area?

Andersen  Welcome to BP and investing in Denver Metro.

Next I analyzed my location & how close I was to different businesses: gyms, grocery stores, underground metro rail, coffee shops, bars, hospitals, lounges, etc (in Los Angeles this is important since traffic can be insane) After that, I looked at what other landlords were charging for rooms in my area (craigslist, Facebook market place, radpad, word of mouth, etc).

. $25k is a good number.Across the lake, here In Metro Detroit we see canadians having success with low risk, high roi deals such as below.Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.

I live in northern Virginia which is part of the DC metro.

See the chart below; check for yourself here: https://www.calculator.net/amo...1$300,000.00$17,899.80$3,684.00$296,315.962$296,315.96$17,672.54$3,911.26$292,404.713$292,404.71$17,431.32$4,152.48$288,252.214$288,252.21$17,175.19$4,408.61$283,843.605$283,843.60$16,903.29$4,680.51$279,163.076$279,163.07$16,614.61$4,969.19$274,193.867$274,193.86$16,308.11$5,275.69$268,918.16In conclusion, I would agree with @Jeff Schemmel and those who recommend you look for a deal with forced appreciation, but even if you were not to force one dollar of appreciation, but you purchase in most metro areas in an average neighborhood, you should gain 5+% in equity each year on average.

YES, we may be a little biased, but check out our blog here on BP comparing Detroit to other cities and Deep Dives on Metro Detroit cities & neighborhoods: https://www.biggerpockets.com/...Your biggest question shouldn't be WHERE to invest, but HOW you will invest!