Which markets still cash flow positive?
Hi BP world! I am looking to purchase my first residential multi-unit investment property, would prefer a tri-plex or 4-plex, but would be open to more units. I am located in the San Francisco Bay Area, and there is literally (close to) nothing that will cash flow positive right off the bat. I'd like to start investing, but I don't want to play the market timing game and potentially wait years until we see a dip in prices locally.
I have considered Fresno, Sacramento, and Phoenix because I am familiar with all of those areas. Any thoughts on those? What other markets should I be considering? Thanks in advance!