What city should I invest in?

[Spencer Wardwell]

Hi BiggerPockets,

I recently bought a home in LA -- it was $600K and I put 3.5% down with an FHA loan.

I live here and am breaking even, since I rent out the spare bedrooms to friends of mine.

I recently came into some money and have $100K to invest with.
I'd like to invest in an "up-and-coming" city like Detroit, Baltimore, Richmond, etc.
My goal would be to buy a fixer-upper and put 100% cash down, rehab it, then use it as a buy-and-hold investment for rental income, as well as long-term appreciation.

Any recommendations as to what cities I should look into?


Thanks!