OOS Looking for buy & hold in South or Southeast (FL,GA,SC,TN)

[Julie Sisnroy]

Hi,

I am knocking off some rust here since I have not bought any property in over 3 years.  Forgive me if I am not up on all the current lingo and slightly out of touch with the market from an investment perspective.  But I know I can always count on you guys for advice.  :)

I now live near Omaha, NE and unfortunately not a place for investment properties. I am familiar with the CO market, but CO has changed a lot since 2016, so it is likely out of reach, but still open. I just moved from the Atlanta area, so I am familiar with GA a bit. I am looking for a SFH or possibly duplex as an OOS investor. Now, I have only ever bought in places I lived-most often my primary I turned into a rental. Therefore, I am a bit scared to buy out of state.

I have narrowed it down to Florida (Tampa/Sarasota area) and Georgia (Atlanta) and possibly Carolinas or TN (anywhere that makes sense).  I prefer something that requires minor repairs-not an all out rehab.  I am looking in the <$300, if possible for a long-term rental.  I have the 20%, so prefer traditional financing.  (I currently only have 3 rental properties and one has no mortgage).

I know this is vague, but I am trying to find the haystack before I go digging for the needle.

Any advice appreciated.  Will also need a team and professionals in those areas (PM, Realtor, etc).

Thanks!