Which area is the right fit for me

[Jack Carrozzi]

I'm looking to obtain my first investment property (House Hacking) but I don't live near the area that I am looking at moving.  What would be some recommendations to someone who is looking at different areas in Florida?  What are the characteristics of the neighborhood/area that would best suit my criteria given below?

My criteria:

- Small Multifamily

- $100k - $250k range

- 15% - 20% ROI

- Cash flow  Break-even - $200 (year 1)

- Most likely will use an FHA loan