Landlord-friendly cities

[Charles McDermott]

Brand newbie. First post.

I do not plan to limit myself to my locale, I want to start investing (probably starting with a 4 plex or an 8 plex to get my feet wet) in the best location in the nation.

Here's a few of my criteria. Can anyone help me add to the list?

And if this kind of Top Ten List already exists, please let me know.

I realize no place will score a "10" on each point, but I want to use the list to evaluate each place:

-low sales tax
-low property tax
-low wealth tax (or is it called personal property tax eg appliances, etc.)
-landlord-friendly (no rent control, fair eviction system)
-low state income tax
-low landlord business licensing fees

Any help would be great!

Thanks,
Charlie

[David Mithell]

Hi Charles,

None of California is suitable (in my opinion) to being a Landlord. Any tenant who wants to stop paying rent can have free housing for 3-6 months while you pay the bills.

I'm told that all of Nevada is fine. It appears to me to be on a state-by-state basis.

Best of fortune in your business!