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Updated about 2 years ago,
Picking an Out of State Rental Property Market
I'm looking to make my first out-of-state rental property investment - I live in CA. Narrowed it down to 3 markets based on factors like population growth, job growth, price-to-rent ratios, property taxes, landlord-friendly states, etc. Just have a bit of analysis paralysis at this point! My strategy is to go with a mix of LTR and MTR. The end goal is to produce consistent cash flow in a market that has some room to appreciate and is not over-saturated yet.
Between these 3 markets, I need some help deciding on which market to start out in:
1) Charlotte, NC
2) Indianapolis, IN
3) Atlanta, GA