Cities with best Multifamily (5+ units) Cap Rates & Landlord laws

[Michala Vander Ploeg]

As a Canadian I'm considering dipping my feet into the US market. Prices of properties in Canada have sky rocketed and rents have not. Where we currently invest, we have strict Tenant/Landlord laws making it very difficult to increase rents and almost impossible to evict a tenant (even for the best of reasons!).

We would obviously be investing at a distance, so we are open to any state/city that makes the most sense in terms of purchase price, cashflow and most importantly landlord friendly. We would also ideally want to invest in properties with around 10-12 units (flexible on this).

So far we have looked into Ohio, Indianapolis, and Texas. 

Where would you suggest I narrow my search?

[Blake Park]

Yeah, I would check out Columbus OH.