Quality of life but low cash flow?

[Cory Benhardt]

Hi BP, I'm thinking about relocating to Phoenix metro area from the suburbs of Philadelphia, PA. Arizona cash flow seems minimal & competition seems flooded but I dont think I want my kids to grow up in the sh*tty east coast weather & essentially grow up inside due to the intense cold in the winter & uncomfortable humidity in the summer. The suburb of Philadelphia that I live in cash flows nicely. Any PHX area buy and hold investors that cash flow 250-300+/ month after ALL expenses? Not sure if I should buy lots in my current town and then in a few years go to enjoy PHX or just go straight to PHX and figure it out? I'd like to hear your opinion. Thanks in advance. 

[Bob Okenwa]

@Cory Benhardt

Why not do both? Live in Phoenix and continue to invest in Philly. It's getting harder to cash flow without a substantial down payment, but it's not impossible. There are outlying smaller cities near Phoenix that aren't as sexy, but can still cash flow.

If you can stand the 115 degree days, it's pretty cheap to live here. It's a big city without the ultra-large city feel if that is something that would work for you. I'm partial to comfortable living first and figuring everything else out later, but that's just me.