Out of State Single Family Investing

[Jonathan Beaumont]

I have about 49k from a cash-out refi and I wanted to find out which markets would be good for a brand new investor to get started. I am currently looking to invest in a single-family home with a price range between 80-125k in a C+ neighborhood. 

[Noah Chappell]

@Nathan Roberts is right, lots of ppl talk about Kansas City. 

@Jonathan Beaumont I would suggest not taking anyones opinion or going on word of mouth, but instead investigating what makes a strong market, & identifying where to invest based upon those criteria. 2 good places to start would be Milken Institute best performing cities 2018 (look for best performing large & mid sized cities), & markus & millichap 2019 multifamily North American investment forecast (chart of city cap rates). 

Good luck!