Where are the profitable markets for a rental in this economy

[Nicholas Catalano]

I'm just getting started in real estate and am currently working with an agent to find my first multi-family. However my location (North NJ/NY) seems to be prohibiting me from making my first move. Where current rents are and how expensive this area is, the numbers simply don't work.

I don't want to limit myself to only this market and was wondering if anyone has any insight into other markets around the country or any other advice for that matter.

Thanks!