For non institutional foreign investors without decades of on-the-ground investment experience at gateway cities like New York or LA, chances are they would either overpay for an assets because time pressure to compete, or invest into assets with weaknesses (zoning change, property tax) not apparent to foreign investors. Investment into tertiary cities (or smaller), supported by the right research is the way to go. It is perfectly OK to take your time in fully understand a market before you make a move. Check out for more in this article from WeathManagement.com.
