New investor - multifamily properties in cash flow markets

[Jameel Jason]

Hi everyone, I live and work in San Francisco, CA. I am new to the buying and selling world of real estate. As a strategy, I am thinking about owning multifamily properties (out of state). As a starter, I am looking to invest in 10+ units in emerging or high cash flow markets. My research is telling me that Kansas City,MO, Jacksonville,FL, Memphis,TN, Indianapolis, Cleveland,OH are hot spots. The problem that I am having is that a) are these markets too saturated? And b) what are some ways to find apartment buildings for sale besides sources such as loop.com? I am in the information consumption phase so any insight/guidance would be much appreciated.

[Trexie E.]

Hey @Jameel Jason

Welcome to BP! We're so excited you're here and making connections. I highly suggest you to read, "The Ultimate Beginner’s Guide to Real Estate Investing". We wrote it with the beginner in mind. It’s an excellent place to start, and can answer many of your questions. You are in the right place to learn all about real estate investing! Best of luck! :)