Looking to buy rental property in Tucson, AZ or Stockton, CA

[Yvonne Ng]

Hello everyone, 

I'm new to investing and interested in the buy and hold strategy. I am currently looking for multifamily homes in the Stockton, CA near University of the Pacific or in Tucson, AZ near University of Arizona. I'm interested in renting to college students. I choose Stockton, CA because it is close to where I live and I may be able to find a property with better cash flow compared to other parts of Northern California. 

However, properties in Tucson, AZ may have a higher cash flow. I'm not too confident with out-of-state investing since I am new to investing. I choose Tucson, AZ because I am familiar with the area since I lived there for 8 years as an undergraduate and graduate student. I think I will want to make sure I have a strong team before investing in Tucson, AZ.

Any insight is greatly appreciated, thank you!

[Devon Preyer]

@Yvonne Ng hello and good luck on your journey! As someone who grew up In Stockton my best advice is to be careful where you buy some of the nicest areas are the most dangerous. By university of the pacific are some really nice areas with bad ones surrounding it. I am also looking into Tucson as well so if you have any advice about the area I’d love to hear.Feel free to pm me if you want!