All of the other 4 markets that you mentioned are affordable, high cash flow markets however, I think Indianapolis is much stronger than the others due to strong job growth, population growth and diverse industry and economy.

Maybe Sonoma and Napa counties are going to be re-populated using Victorians from SF, Oakland, and the greater East Bay, that would otherwise get torn down by developers!!!

The unit is in a 15k population town with a small junior college.

Petersburg in Florida are very seasonal as the populations outside of the main cities tend to be from people up North that come down South to escape the cold, thus there is not as high of an occupancy at any given point moreso than the Tampa Bay area. 

I consider them high risk because it's in a market where the population growth is flat at best, tenant base isn't super strong, and also any neighborhood where you can buy something decent under 100k isn't going to be the best quality neighborhood, tenants, etc. 

CA still has net in migration.. and or population gain.. its not like IL where the population is leaving .. this is not the case.. now many come up to Oregon as our price points are 1/3.. and wages are only 10% less.. my daughter is a well paid financial analyst at Intel.. making about what Diane is talking about  a year.. been there 14 years worked her way up..

@Larry Fried With Chicago population decreasing and taxes rising I honestly didn't consider investing here. 

I think they have the best combination of good cash flow with strong economic and demographics like population growth and new jobs.

The vast majority of the population is so scared when buying their first property, that they need someone to walk them through each step.

My question is if there are any links you are aware of that show the growth of a city, incomes, population, job growth, information like that, that will help me to find deals and work the numbers.