Good Multi-Family Markets

[Robert Tropp]

Hey BPers, I'm looking to find a good market for 2-4 unit properties in the $200-$300k range that cash flow $1,000+ per month after all expenses (including management) considered. I live in Southern California so I'm open to looking out of area/out of state but would like to stay on the West Coast. 

I've been looking at some areas of the Bay Area (Vallejo, Fairfield, Benicia, Napa) but I'm not quite sold. I'm looking to acquire multiple properties and am struggling to find an area that looks really good where I can focus my search and build up my knowledge of the local market.

I'd love to get some feedback from you guys and hear what markets are working for you. 

[Brian Hamrick]

I'm a big fan of Grand Rapids, Michigan.  Price & cashflow-wise it should meet your parameters.  The market is heating up though.  Every week GR seems to be making headlines - yesterday they were listed 3rd in the nation for job and economic growth:

http://www.higinvestor.com/#!Grand-Rapids-joins-bi...