Best cities for overall return/growth on multi-unit properties

[Lara N.]

Hello

I'm researching multi unit investment properties & which areas represent the highest overall return. I have $150,000K to invest & the location can be anywhere in the 48 states. Its all about cash on cash return. My criteria & its importance is below.

1. Cash flow
2. Long term appreciation
3. Tax advantages

*I would appreciate suggestions & insight on which cities/markets are performing best & have solid future growth. I'm interested in cities that have the below criteria;

1. Strong job and population growth

2. High rental rates relative to property price

3. Strong appreciation forecast

4. High rental vs home ownership market

Thank you