200k 1031, where should I look to invest for decent cash flow on multifamily

[Todd Wood]

I want to try selling my rental in Portland, OR.  I was looking in the Oregon area to find a way to buy a MF and turn some cash flow, but at 8% it is looking difficult. What markets would you suggest I consider where I might be able to pick up either one or two plexs by putting down $100k each that could bring me some decent cash flow without having massive taxes from another state (Oregon is already really bad).   

[Emily Van Siereveld]

Hi @Todd Wood:

I just listened to an "On The Market" from Thursday that talked about this - Episode 155: The 8 Best Housing Markets in the US for Low Prices and High Cash Flow. 

I think you might really enjoy that episode - it explains why each of the markets are on the list. But I did take notes on the specific areas. 

1. Myrtle Beach, SC
2. Tallahassee, FL
3. Jonesborough, Arkansas
4. Joplin, MO
5. Tuskaloosa, AL
6. Oshkosh, WI
7. Odessa, TX
8. Oklahoma City, OK

I hope that helps!