Large vs Smaller Metros: Pros and Cons for Out of State Investing

[Harman N.]

Hi all,

What are the pros and cons of large vs smaller metro areas for out of state investing?

I would think larger markets would have more inventory, be more dynamic and diversified in their economies, more (and maybe higher quality?) professionals of all sorts (agents, contractors, property managers). But larger markets would also potentially have more competition, and harder to get your foot in the door..