Where to invest in the Mid-West for multi family?
Hi, I currently own 2 four-plex units in my market that have appreciated but aren't cash flowing very well. They would sell for about 475K each. I'd like to sell one of these units(possibly both) and buy somewhere in the mid-west that would would cash flow better.
With the limited time I have to search, st Louis and Cleveland Ohio have caught my eye due to the available properties and the cash flow, however being near riots and a city that is slowly loosing population are giving me second thoughts. I'd prefer to invest somewhere where there will be good growth(rents increasing) and where I can also get good cash-flow. I know getting the best of both worlds could be very hard and I find myself turning in circles analyzing areas.
Do you guys have any recommendations?