Best City to Buy a Cheap House in Cash and Rent Out?

[Marielle Walter]

I am thinking of refinancing one of my houses in Washington, DC, that I have a significant amount of equity in, and using the cash to buy a house in a cheaper market in cash. I am sick of paying interest to a bank! After I pay some other expenses i have prioritized, I'll have about 60,000 or 70,000, plus i could get a renovation loan to do some light renovations of about 10,000. I have heard there are cities in OH that could be a good bet, but would love to get some expert opinions here of where i may start to search! I want to do a buy and hold, fix it up a bit, and rent it for a while, so somewhere that will have a strong rental market and opportunity for appreciation would be great.