Investing around Tampa, Fl

[Danaysi Ramos]

Hello BP community! My husband and I are looking to start our real estate investing journey this year. We have been reading BP books, podcasts and this forum to be as educated as possible. 
We have $50-70k to get started. Looking for SFHs and small multi-units. We would like to maximize cash flow although our initial capital is a bit limiting.

 We are looking at surrounding areas like Lakeland, Brandon, etc.

Looking for insight for the best areas to invest in the Tampa area for CoC ROI of 5-8%. Is this even doable without strong local relationships?
Should we consider out of state investing to achieve this? 

Thank you so much! 
Excited to start interacting more. 

[Zach Lemaster]

43% appreciation over the past ~4 years!  Definitely a market we like long term if you can make it cash flow in the meantime.  SWFL is an excellent market!  We also like Cape Coral, Lehigh Acres, North Port, etc.