Best Vibrant City for Duplex Investment/Living
Hi there,
I've saved up a bit and am considering taking a break from work, relocating to a city TBD, buying a duplex, and having tenants offset the costs.
In terms of Cities I've spent all of my life in California (Southern California, San Francisco), so would like to try something new. If I were to rank them, I'd rate the following:
- NYC/Boston (Not really into drinking and partying, but love the energy and diversity of NY and the intellectualism of Boston)
- Philadelphia (The History and just East Coast in general)
- Chicago/D.C. (A lot of people, young, vibrant)
- Austin/Portland (I like their eccentric culture, but don't love them because I'm more into diversity at this stage)
However, I've found it hard to find a place that matches the critieria:
- Under 400k
- Multi-Unit
- Urban and Young
- Good rental or Airbnb market
- Good investment and growth to follow
The best contender so far would be Chicago where some duplexes surrounding Hyde Park (mainly South of it) near University of Chicago seem to have some affordable multi units. New York and Boston are 2 expensive, and the others seem to have good multi units.
Any where else I'm missing? Help me decide where to move, thanks!