What it really comes down to is understanding the demographics in Pittsburgh, having solid management in place, and utilizing the right investing strategy that fits the sub-market's attributes.

What are the demographic trends.

@Chi Sastry,I think Tennessee is generally a good state to buy in, though I will note that the 10 markets you listed are very different in terms of demographics, average rents, home prices, yields, and so on.Of this list, I’m most familiar with Chattanooga so I’ll offer a few details.

Milton and Farmington can be excellent choices, too, often with more budget-friendly options and the chance to add value in less saturated areas, might have better cash flow luck here.For lenders and agents, I'd recommend networking with those who have experience specifically in the NH Seacoast markets since these towns can vary in terms of tenant demographics and rental demands.

But I believe the demographic is far different than just putting folks into rooming situations.