I can stay here and flip in jersey since competition isn’t too crazy, but I refuse to believe that it’s nearly impossible to go to Austin or Tampa or any of these “extreme competition” areas and start flipping.  

And, when I'm doing an IRR calc, I'm extremely conservative (3%/year, even in this market.)Another possibility is that it's too much trouble to forecast out and people are uncomfortable with the assumptions you have to make.

What are the best markets in terms of Cash flow  and Long term rent growth, property values etc.Columbus, Cincinnati, and Cleveland, Ohio.I started purchasing small multifamily in Columbus, Ohio a little over 3 years ago and have done extremely well.

After buying, renovating, leasing and selling here for over two decades, I can tell you that we are in a normal demand market, but with extremely limited inventories.  

I am zipping through the BP podcasts and only because I find the information they provide extremely useful.Thanks.

As you know investing out of state can be extremely nerve racking and most of all risky.

To my surprise I saw a massive fluctuation between extreme highs and average lows.

You should only buy titled property even if the numbers on ROP look extremely attractive.

@Sarah Hart - Sarah, Thank you for the extremely informative post.

CPA - Kevin BassettLawyer - Norm PraetBoth are extremely knowledgeable about all aspects of RE investing