Best cities to find 1% (or more) rule

[Blair Colsey]

Hi All,

I'm currently listening to @David Greene's book Long Distance Real Estate Investing on Audible (which is a great way to learn I might add) and I'm getting excited about buying some properties out of state. I currently live outside of Denver and I'm finding that although the increase in housing prices has been great for building equity on the properties I already own, its not so great for finding deals that meet the 1% rule requirement. I realize that the 1% rule isn't a "hard and fast" rule that needs to be met on all acquisitions but the point is, the market I'm in is not longer as hospitable to finding deals as it once was so I'm looking to expand into other markets. 

My question is this: What are the other markets where we're seeing the 1% rule being more attainable? Are there any resources anyone can recommend that help guide an investor through detailed market analysis?  I'd love to get to a point where I have 5-10 socioeconomic factors that I can easily calculate to identify market opportunities. 

Thanks in advance for your thoughts!!

Blair