Where would you move to start building your real estate empire?

[Nadine O.]

Hi BP Family! Where would you recommend living in USA to start house hacking and building a rental property business? The intent is to relocate from a high cost of living area like the Bay Area in California (although we love it here) to another, lower cost of living city where we can start by purchasing a multi-family to house hack (we are newbies, but have read a lot) and eventually build a portfolio of rental properties to retire off of. Would love to hear your thoughts - thank you!

[Bruce Woodruff]

Definitely get out of the Bay Area. From what I hear, the Midwest is your best bet. AZ and Texas are already too expensive, along with most of the South......