Talk to property managers for opinions on rental markets. I just bought in Charlotte, new model home, great price, strong rental market. Right now I don't now if you can get great appreciation but it will come!! Really I don't think you can go wrong in either area, unless you don't get it rented! If your buying in new development ask what % are they selling to investors, I don't buy in an area over 5% investor offered unless management is offering a rental gaurntee, be careful of these too! make sure the numbers make sense.
Happy Investing!!
