ATL newbie investing out of state

[Kirstin Lawrence]

Hello!

I'm a 26 year old newbie real estate investor living in Atlanta. I purchased my first home 4 years ago and plan to turn it back into a rental property next year, but I want to invest in another property (preferably multifamily) before then. I've been doing a lot of research and have landed on going out of state instead of trying locally, are there any markets you'd suggest for a budget of about 100-150k? I've heard about Cleveland, Kansas City, Detroit, Phoenix, etc. I know mortgage forbearance is ending soon, would you wait until then and then possibly stay local? What are your thoughts?

[Mike D'Arrigo]

@Kirstin Lawrence the markets that you mentioned are all very different which leads me to think you probably need to define your criteria further. I wouldn't normally expect to see Detroit and Phoenix lumped together. Personally, I like Kansas Cit of the ones on your list but I would also add Indianapolis to it.