It's a ton of work and very competitive.

Real Estate is getting far more competitive. 

@Rohin Dhar you're absolutely right on the number of rentals available in the Guerneville area - the competition might be fierce.

Weren't really aiming to make profit given the competition up there, just break even.Generally we've found what people told us told us to have been accurate. 

Yes, as an investor, you should always be looking for your next deal, particularly in a competitive market like Metro Atlanta!

I recommend picking a market where you have a "competitive advantage".I am from San Diego and have lived here my whole life.

If you wanted lots of potential rent growth and appreciation, and don't mind competition from other investors, I would look at East Walnut Hills, Northside, Norwood, Madisonville maybe Camp Washington.

Marion oaks has become harder to rent because of the amount of competition but I like it for long term because that is the side of town with the most growth.  

Sale Price vs List Price shows a stable pricing market indicating no major swings in pricing competition.

Another issue is simply more competition.