You have 1M dollars to invest in multis. Where do you buy?

[Rohan J.]

Title says it all. Let's say someone gave you one million dollars to invest in cash-flowing rental properties today (Aug 2016), and you're only allowed to use the money to buy multis in one city. 

What city in the US do you go to, and why?

[Logan Chierotti]

I'm sure many will disagree with me because of the high prices of real estate right now, but you can't go wrong in Denver. The price is high for a reason, people are moving to Colorado at an alarming rate. People have been saying not to buy in New York and San Francisco for years "because prices are too high" if you listened to that advice and passed up deals there 10 years ago your kicking yourself now.