They then conclude their markets or even markets in close proximity aren't viable markets to pursue this strategy and then turn to more distant lower cost markets where there's an abundance of distressed inventory and a lack of stabilized sales/home ownership which lead to favorable "as complete" appraisals and paper equity that's rarely realized but may lead to better BRRRR outcomes.

Time, the most valuable resource of all, is what you have an abundance of.

An abundance of Pre-foreclosures in an area causes insurance costs to go up and property values to go down12.

I'm not so crazy about networking at REI meetings or events. it is a lot like what you describe, where there is an abundance of new investors I have liked networking based on contacts from here, though.

Looking ahead, I’m hoping to:- Buy 2-3 multifamily properties in MA or RI over the next year- Connect with local investors, agents, and operators who know the ins and outs of these markets- Network with great property managers (I have both worked with property managers and self-managed) - Continue learning and contributing more here on BiggerPocketsIf you’re investing in MA or RI, thinking about leaving a W2 in tech, or just want to trade notes on building a life that’s more abundant—I’d love to connect.Thanks to everyone who makes this community what it is!

In-person networking is the way to go - the energy you get from being around the same people going in the same direction with an abundance mindset is amazing!

Abundance of 2-4 unit housing stock which is great for house hacking in particular.2.

From all of that data, it's abundantly clear to me that any rental that has debt doesn't really cash flow.

@Debbie NunezI would recommend an abundance of caution here. 

The thought of buying near colleges has crossed my mind many times: an abundance of tenants & cash flow!