High cash flow areas out of state

[Angelo Barlanti]

Hi everyone,

I am investor in NY looking for high cash flow returns out of state just like most.  I currently own 3 buildings that total 27 units and a mobile home park that consists of 34 units. I have a mix of section 8 tenants with good cash flow but some of the buildings are in rough neighborhoods.  As most know NY is extremely difficult to secure a property with a high cash flow returns these days. So my question is, where can I locate multi family properties 20 units plus outside of NY in not so rough areas that would fetch 9-11 cap.

Thank you,

Angelo.