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Updated over 7 years ago,
Ideal rental markets for a beginner.
Hi all,
As the title implies, I am looking for advice / opinions as to what areas you would consider ideal for a beginning investor. I am a 26 year old Airline Pilot based in Denver, CO, with about $35K available to use on my first property, and excellent credit. (Ideally would use as little cash as possible). Although I consider myself priced out of the local Denver market, my career provides me with the unique perk of being able to travel wherever I want, whenever I want. I have heard that the Dallas, Grand Rapids, and Jacksonville areas are hot for investors right now, but I'd like to learn how to identify areas that would work well for a beginner who is willing to invest out-of-state. I have a long road ahead and a stack of books to read before I consider making any serious moves, but any insight (no matter how small) would be appreciated. Thanks in advance.
Ryan T.