How to Select a City to Invest in Buy & Hold Property

[Mark Bommarito]

Hi,

I am a new investor in CA that has a HELOC on my primary residence and looking to invest in single family or small multifamily out of state due to the high prices in CA. I have read how many people have found success in many various Cities across many state. With all information out there I am almost on information overload and cannot figure out the best way to select a City and find investment properties. My budget is properties in the 100-200K price range. I would like to find a city that has a growing economy and has a potential for appreciation as well.

Can anyone share their process or steps that have worked for determining which state & city to invest in?