Looking to start investing on rentals... any thoughts?

[Amado Cruz]

Hello to the BP community. I have been so impressed by many of you that have simply given back to the community with great guidance and worth a lot! Looking for your guidance once more on a simple topic: Where should I invest (markets) or should I hold? I am looking to BRRRR or simply buy and rent with a high cap rate.

A) Any suggestions which markets have the best opportunities?  Looking to buy a couple of properties with the goal of increased cashflow, high cap rate, etc. 

B) I have heard from some of you to hold for a few months as inventory is likely going to start opening up due to foreclosures/shortsales, gov restrictions on evictions, etc.  Should I hold or should I continue with A)? Looking for your hones opinion. 

Thank you very Much!

[Jody Sperling]

Omaha is great. It's my home market. I'd actually not be afraid of Denver, even though it's quadruple my prices here. Denver has plenty of upside left, but a bit more risk in a downturn. Kansas City is super hot. Des Moines, Sioux City, and Sioux Falls are all stable and consistent. Those would be my pick. Iowa is better for taxes. Nebraska is better for appreciation, based on my research.