Which place (in US) would your recommend for turnkey investments?

[Bob Roach]

Looking to get my feet wet by investing around $100k. Which markets would you recommend? NJ,PA,NYC & Florida seem most appropriate for me since I live in the east cost. That said I am willing to explore other options. Of the states I mentioned which state & city would be most appropriate? Florida?

[Carrie Hiner]

Special note: I'm a realtor in Austin, Texas, so I'm a bit biased.  

I'd look for cities with the following:

1) High Wages

2) Growing Population

3) High Tech Employers 

4) AND... drum roll.... moderatly affordable homes.  This allows you to buy into the market (as compared to NYC) AND a place that has potential to appreciate.  

5) Cash Flow and Capital Appreciation.  One without the other will never win long term. 

Best of Luck and let me know if you have questions about the Austin market.