How to you select where to invest??
I have been doing my homework and learning about the nuts and bolts of real estate investing and realized that I don't have a very good handle on selecting where to invest. I've looked at several areas - both local and hours away - but unsure how others decide to pick their markets.
Does anyone have any formulaic ways they narrow down where to invest? Does someone who's done this many time before have a series of questions that they make sure to answer to assure themselves they understand the area dynamics?
Any help on this from seasoned investors would be great...thanks! Phil