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Updated over 7 years ago,
Houston vs Jacksonville for cashflow and appreciation
I am considering buying a SFR turnkey property in Houston market. Cashflow is very tight, about only 4-6%, cash on cash return. I was considering Jacksonville, FL, but it is much further away from where I live, (Las Vegas, NV), and the jobs and population growth doesn't seem as strong.
Anyone have experience in either markets?
My #1 priority is steady and reliable cash-flow. Appreciation is secondary. Any thoughts on which market might give me a good balance of both?