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This formula (good school + dense population) worked well in Marietta, but I'm still figuring out the market in Charleston.

Properties in the area are a mix of new/high end condos and older/densely populated row homes.  

It lays out the case for value add plays that apply's to all food groups IMHO.Its a Whole New Business by Gene Trowbridge is essential.The Dummies book is actually good with Peter Conti and Peter HarrisCommercial Real Estate Investing with Dolf De Roos was pretty goodWhat Every Real Estate Investor Needs to Know by Frank GallinelliAvoid Lindhal beyond his books which are great i.e. his guru model is full on.Deal Makers Guide by Ray Alcorn is EPIC but pricey.  

There is never one way to do real estate deals, and there are many ways to this food chain, but stay away from danger.

Food for thought.

Kevin D. answered it quite eloquently.But let me throw in some food for thought.This whole grab more and more assets logic has always troubled me.

Food for thought.

It's not just a check/food stamps, but a whole system that ensures properties are up to the state's standards.

With Austin and surrounding areas (Round Rock, Pflugerville, etc) filling up and becoming more and more expensive, I see opportunity for cash flow and particularly appreciation in Manor with the relatively lower purchase prices.There are a lot of development plans for Manor in the works (new elementary school, gas stations, fast food restaurants, park/road improvements, etc).