What would you do with $100,000?

[Scott Peterson]

So I am selling a poor performing property and will have $100,000 to roll into another property via 1031 exchange. I need some advice on where to invest. As for experience I have single and multifamily rentals in my market, land development, and mobile home notes.   I need to purchase at $400,000 plus so am leaning toward multifamily. My priority is cashflow. I am in a market with low cap rates and cashflow so have been looking at various markets such as North Carolina, South Carolina, Cleveland, St. Louis, and a little bit in Texas.  This is wide open so I would love some advice on how to narrow it down by product, market, etc. Feel free to point me in different directions too. Thanks!

[James Wise]

@Scott Peterson Your going to get a lot of people on this thread telling you why one market is better then the other. Typically these folks are selling properties in said markets. Full disclosure I run an investment/turnkey esq brokerage in Cleveland but I am not here to sell you on Cleveland. As a matter of fact I don't sell ANYONE on Cleveland.

I think there are way to many people who have already made up their mind on a market for me to waster any time trying to convince someone why the Cleveland market is better then another. However, if you do decide that the Cleveland market is the market for you I recommend you give 

The Ultimate Guide to Grading Cleveland Neighborhoods a read, as it will give you an on the ground idea of the types of properties you will see in the different price points and neighborhoods.