Starting out - Selecting a Market

[Justin Delahoyde]

Hello,

I have had my membership for a while but this is my first post. So down to business. I live in WA in the shadow of Seattle and Vancouver B.C. Prices here are extremely high. I am trying to select an Out-of-state market to focus in. I am leaning towards the Midwest and the southeast. I am hoping to finance this through a 50k HELOC that i already have (or other creative ways). I am looking for a property that cashflows ( appreciation i am factoring at 0). I believe that a BRRRR would be best to try and reclaim some or all of the heloc $. My wife and I have great credit and am not worried about getting a loan. I am trying to find a way to select a market or ways to narrow down my choices. Selecting a Team in that remote location will be part of my process as well and i look forward to working with). Property type would most likely be SFR or small-Multifamily. If there is anything that might be prudent and i have omitted it please let me know.

Thanks - Justin