Are opportunities in the west gone?

[Jordyn Lai]

Hello!

We are looking for purchase our first investment property. The plan was single family home in Las Vegas or surrounding the Phoenix area and our goal is to cash flow. Maybe this is just the analysis paralysis speaking, but it seems like these are not the best markets to invest in as rent has not caught up to mortgage rates. 

We are considering pivoting and changing our criteria- perhaps to long distance investing. Before we completely change our strategy, I'd like some insight/ guidance /opinion for investing in these areas.

Thank you!