Investing under $300k
I am trying to understand where the best investment areas for rental income in Sacramento are nowadays. The pricing has gone up from when we invested 5 years ago. Ideally, a multi-unit without much fixing up would be best for cash flow purposes. But there are few properties around $300k or less. There are smaller SFRs that can be had for around the price range but I don't know what the rentals go for there and know that SFRs will net lesser cash flow than multi-units like duplexes/triplexes will net with a 20-25% down. I don't know the areas well but obviously closer to downtown the better? Nicer areas that have greater rental incomes and better long-term tenants. I know I am asking for what most people want but wanted to understand the neighborhoods better.
East Sac? Land Park? What about areas west of the 99 and south of the 50?