In-State Multifamily or Out-of-State SFH

[Cary Beadle]

I will be ready to purchase my first property in the fall. I am currently considering investing in a multifamily in the Knoxville, TN area or purchasing a Turn-key SFH in a state that is more landlord friendly.

What are your thoughts?

I have been doing some research of the Knoxville market and almost feel like I could get more bang for my buck choosing another market. However,  I am new to market research and willingly admit I have more to learn about Knoxville real estate.

Can anyone comment on whether Knoxville is better for SFH's or Multifamily?