Best Cities to invest in
Hi Everyone,
I am a CA resident and I am looking to invest in a buy and hold property outside of CA due to the expensive prices here.
I am looking for positive cash blow with the hope of an added bonus of long term appreciation. I am only looking at C+ areas and above and I am not interested in a huge rehab job. I also want to get into the market at below market value if possible (I am sure everyone does)
After a lot of research I have limited my options to a few cities in the south east that I feel fit my needs of cash flow and potential higher than average appreciation best. I am wondering if anyone in here has any particular thought and/or experience in the following markets that you may be able to advise an investor looking for positive cash flow with appreciation upside.
The areas I have narrowed it down to are:
Florida: Tampa, Orlando, Jacksonville, Cape Coral/Fort Meyers
NC: Charlotte, Raleigh/Durham area
Any advice or insight at all into any of these areas for buy and hold investment advice would be very much appreciated.
Thanks so much for your time.
David