Best Cities for Out of State Investors

[Ben Durwood]

Hello all!

I am an out of state investor living in San Diego, and I would love to hear about places where people have successfully been able to invest out of state. Specifically, what are you buying properties for, what are you renting them for, and what types of areas are they in?

I'll go first. Two properties I have purchased recently in:

Las Vegas - 2 bdr, SFH for $95K, rents for $1,050. No repairs and maintenance needed at time of purchase. Middle class area, average school system.

Grand Rapids - 3 bdr, SFH for $60K, rents for $1,000. No repairs and maintenance needed at time of purchase. Middle class area, above average school system.

Anyone else want to share?