Finding an out of state market
Good Afternoon Everyone,
My wife and I are looking to start getting into buy and hold investment properties, unfortunately we live in the San Francisco Bay Area and prices are skyrocketing right now so my local area is not in the cards for now. I have been researching some out of state markets but I am having trouble deciding on an area. I have looked into Kansas City, MO. Cleveland, OH. Akron, OH. Huntsville, AL. We are looking for a property, either SF, duple, or triplex, in the price range of $80-150k. In the metros I listed above does anyone have suggestions on neighborhoods to specifically look into? What about areas to avoid? Does anyone have any suggestions on any other metro areas to look into? What are some things experienced out of state investors look for in new markets?
I am approximately 50% complete on David Greene’s out of state investing book so some questions haven’t been answered yet.
Thank you everyone in advance for any information you can provide.