Choosing an OOS Market

[Corben Briggs]

Hello everyone,

I'm a young aspiring real estate investor looking to complete my first deal! At this point I am considering both options (in state & out of state) investing and am trying to weigh out my options on what might be a better fit. Being located in San Diego and not having much capital I am looking at possibly getting started in a cheaper market somewhere else and going that route.

As I start to consider this I was wondering if anyone knew of helpful ways of choosing which market to get my feet wet in flipping/BRRRR'ing. I know this question is very broad since each market depends on so many personal factors about who you are as an investor but I have been having a hard time finding one to even consider to focus on. Right now I have been using a helpful site: areavibes.com to narrow down my search a bit and my criteria has been this..

• Cheap (about 60k PP looking at my capital for a down payment & rehab)
• Good employment score
• Good housing score
• Low crime rate

This has helped me find a few cities to research but I am still unsure of which one is a good choice. Does anyone have any recommendations of where to look/what to do when trying to choose which market to hone in on? Also does anyone have any specific markets that they recommend I check out and begin to analyze deals & piece together a team to help me land my first deal?

Anything helps,

Cheers!