Neighborhood Analysis/Positive Cash Flow

[Lo Pesarini]

Hi everyone! I've been doing some research on what are the best neighborhoods to invest for a positive cash flow by the end of 2023/early 2024. I currently live in Miami and seems like this might be a tough market with the prices and interest rates at this time for me to start with my first investment property. I'm open to 2-3 hours away areas and having my options open. What areas in Florida at this time are good for a single family home at the range $300K - $350K that could have a positive cash flow? Would love to hear from others with more experience! 

[Randy Rodenhouse]

When analyzing for a good area I focus on 5 main things:

1. Population growth - are people move to the area or leaving the area.

2. Crime rate - Crime going up or down

3. Job growth - are there new jobs being created in the area

4. Median Income - must be growing and above national average.

5. Property values - have the values increased like in most areas of the US or have they been stagnant or even dropping.