What city would you buy in today (August 2014)

[Brian Yoshimura]

I'm just throwing this out there.  

What city would you look to buy in today, or in the near future, if you...

- were only interested in a buy and hold strategy,

- were willing to sacrifice some cash flow (although it would still have to be positive) for potential appreciation,

- were only interested in "A" quality neighborhoods,

- had around 30k cash (leveraged to 150k with a conventional loan),

- lived in Los Angeles and were willing to invest out of state?

Thanks, in advance, for your opinions!