I live in NJ which is not conducive to cash flow rentals which is what I am interested in investing in. I have been doing a great deal of self education about investing out of state and I have found the same general areas that are felt to be good cash flow i.e.indianopolis, memphis etc. There is no shortage of people telling the virtues of these cities, but I am having trouble understanding how to independently research an area to see if it has a good long term rental outlook other than just accepting what others are saying. Does anyone have a good website or recommendation on how to vet a city or area?
Hi, @David D'Ambrosio .
I saw this article the other day on BP and thought it was good.
It evaluates many US markets by several different metrics. I think you will find it useful.
Best of luck to you!
Thanks @Douglas Skipworth
I'll be sure to pass along anything else I find.
All the best,