Best areas for cash flow on east coast

[Marylynn B.]

I know this is a loaded question...I am selling a property in NY and live in Maryland.  I do not like the idea of an out of state rental but looking for a good area for cash flow and the least amount of headaches.   I have been more than disappointed with the quality of property managers I have experienced...again it has been just my luck....I am tempted to just invest in the stock market but I I prefer to have some assets in real estate.  I am interested in the carolinas as well as northern Florida but again being out of state has shown me the many disadvantages.  Maryland is an option, however with the high taxes and property values not sure it is an area that will show much cash flow or appreciation.  Just interested in your experience and advice.

[Dawn Brenengen]

It's important to diversify!  I max out retirement accounts in the stock market, and I have a few rental properties.  Stocks have very much outperformed real estate in the last few years, but now that the stock market is at an all time high, I'd like to start pushing more cash to real estate again.