Where to invest? Tallahassee, Jacksonville, Atlanta, Midwest?

[Patrick V.]

Hey all! 

I live in Seattle, Washington and have a small house hack here. I want to pick up some cash flowing rentals and have accepted that the region I live in does not have many properties that cash flow very well. My current full time job is full remote so I am planning on identifying an area to invest in and spending a few months out there to find, purchase, rehab and rent properties. 

I lived in Tallahassee, FL for many years and have a good friend who does quite well with college rentals out there and is a property manager I trust. I know the market, have a network and the location has good cash flow and growth prospects. The down side is college housing, so more property damage and turn over and reliance on the future prosperity of the university which I think is a pretty safe bet. 

That being said I came across the list of top locations to invest based on cashflow and appreciation forecast: 

https://www.realwealthnetwork.... and started reconsidering to look in the Atlanta or Jacksonville area instead (I like the idea of sticking around the SE since I have a network in the area).

Any thoughts on the above markets? Where would you invest if it didn't have to be local? We are moving out of Seattle into an RV so will be transient for the coming future so everything is 'out of state' investing since we will be always on the move. 

I am looking to invest around $500,000 after financing and cash flow is my main focus but of course in an area with stable growth and appreciation. Value add multifamily is generally what I am looking for but could be convinced otherwise. 

Thank you for any tips and suggestions!