Advice for Midwest Market

[Account Closed]

Hi!

I am a newbie and am currently learning as much as I can before jumping into my first deal. I plan on buying small multi family properites in the Midwest but am having a difficult time choosing my market. I want to focus on cash flow as a goal for my properties and that is why I am interested in the Midwest.  I have read that there is great potential for cash flow in the area. I'm interested in choosing Cleveland and having been researching the market but am wondering what other cities people recommend as great options in the Midwest? Any other tips or advice is greatly appreciated!! 

[Nathan Gesner]

Quote from @Account Closed:

Places like Cleveland look attractive, but they also look attractive to thousands of other investors trying to park their money somewhere. I looked at Cleveland six months ago and it was very difficult to find a good deal because so many other investors were jumping on properties with all-cash offers, driving prices up so high they didn't make sense.

I believe there are still good deals to be had, but they are more likely to be found in smaller cities. The difficulty there is finding good property management to handle them for you.