Seeking Advice on New Markets and Strategies

[Scott Lovelady]

Hello BiggerPockets community!

My wife and I are embarking on a journey across the United States with our 2-year-old daughter and are looking for advice on potential real estate markets and strategies. Currently, we own a home in West Jordan, Utah, valued at $540,000, with a $340,000 loan and a monthly payment of $1,400. This 5 bed, 3.5 bath property could fetch a rental income of $2,600.

As we plan to rent out our current home during our travels, we're exploring new cities to potentially settle down in. Our itinerary includes Huntsville, AL, Augusta, GA, Knoxville, TN, and Norfolk, VA.

We don’t have any real estate investment experience. I have a bit of construction experience.

We'd greatly appreciate insights from the community on:

1. Market Recommendations: Are there particular markets in these cities or others you'd recommend exploring for investment?

2. Successful Strategies: What investment strategies have you found successful in these or similar markets?