Pittsburgh is where we are going to settle down and we plan to then expand throughout Appalachian states.We have property management experience and personal funds to put skin in the game.

From there it goes quickly, you have a winner and the game ends.

I have developed friendships with several folks who have contact with grad students.

Each community has costs for Lot and Lot development with impact and utility fees. 

Development is about 20 blocks away but moving quickly.

Quote from @Stuart Udis: Fishtown, Northern Liberties & Kensington are neighborhoods just northeast of Center City Philadelphia that saw a development boom fueled by permissive zoning and cheap debt a few years ago which created a huge wave of new multifamily inventory.

The reassessment risk is real, but probably more predictable than in a rapidly developing area, like Woodlawn.  

Many first time homebuyers struggle to have any skin in the game in the first place.

For the average homeowner who seeks this due to a lack of funds it is likely a bad idea because they often make emotional purchases and attempt to sell, move on a whim without understanding that appreciation is usually a long game. 

Indiana has good options too, especially in places like Indianapolis, but Columbus really stands out because of how much development and appreciation potential it has while still cash flowing.