rate the following rental markets
My objective: to purchase a SFR for rental / cash flow. I can afford a home between $150K - $300K. Living in Southern California, a home in Riverside county or Temecular / Murrieta would be around $250K and above, and not very good looking either. I see beautiful homes on Zillow in Charlotte, Dallas and Houston for $150K that's better than what you would get for $300K in Riverside, etc.
SO my questions to people, rate the following markets which would be better suited for a cash flow rental property, 1 belong lowest and 10 being highest.
City, State | ZipCode | Class B,C,D | Job Growth (1-10) | Pop Growth (1-10) | Vacancy rating (1-10)
Riverside, Ca
Temecula, Murrieta CA
Dallas, TX
Houston, TX
Charlotte, NC
Memphis, TN
Thanks and let me hear your feedback on which markets above would make the best rent and hold strategy.
David To