Which market(s) would you invest?

[Cheryl S.]

New RE investor here and wondering which market(s) I should invest as a newbie. I am looking to invest in a B+ or better neighborhood with good/stable population and job growth. Currently am looking into suburban Cleveland in OH, but I am also interested in Jacksonville, FL; Raleigh, NC; Huntsville, AL and Memphis, TN and more.  Ah.. just a lot markets seem to be good for RE investing and these markets have its own pros and cons.  

Questions: 

1. Which market(s) would you recommend for a new investor like myself, for good cash flows? How about appreciation? 

2. If my goal is to have approx. 8-10 doors by the end of next year, would you suggest me to spread my investments in multiple markets (4+) or primarily focus in one or two or three markets?   

Happy to hear all feedback 

Thanks! 

[Danny Kaminsky]

@Cheryl S.

If you’re only willing to buy in a B+ or better neighborhood, Raleigh market is the wrong place to look IMO. Prices have really made a run up recently especially on the high end, rent to price is down to around 0.4% for sfh in those neighborhoods. The suburbs are possible though.