Im interested in buying a multi family property in Blythe, CA. I currently reside in Arizona. It will be my first out of state investment. Is Blythe a good place to invest?
Looks at the data in the area. What are rents? Are there industries in the area that will bring people and jobs? Investing is a business and consider the future revenue prospects. Is there unlimited new construction that would drive rents and appreciation down? Is there major tech jobs and limited building starts. Zillow and rent cast can help with the data. Also call a few property managers in the area they might give some insights on the market.