Starting Out in the Real Estate Rental Market

[Shahnawaz Qadir]

Hello Team:

Starting out and looking for an area where I can make some decent cash flow on a monthly basis.  Looking for properties around $150k - 175K with an surrounding area that is decent without too much risk of property values falling.  Is Memphis, TN or Alabama or Ohio, good locations?

Any experience with an out of state rental in these areas?

[Remington Lyman]

Quote from @Shahnawaz Qadir:

Hello Team:

Starting out and looking for an area where I can make some decent cash flow on a monthly basis.  Looking for properties around $150k - 175K with an surrounding area that is decent without too much risk of property values falling.  Is Memphis, TN or Alabama or Ohio, good locations?

Any experience with an out of state rental in these areas?

Columbus, Ohio is a great market to pick up rental properties because of the lower home prices and demand from renters. JPMorgan Chase, Nationwide, Honda, L Brands, Huntington, and Amazon are just a few of the many companies that have thousands of jobs in the city.