Trying to narrow down my search of out state areas to invest in

[JaNae Anderson]

Anyone have advice on how they narrowed down their search when selecting a out of state locations to invest in? I'm having the shiny object syndrome which I continue to hear of good markets to invest in with good cash flow and potential to appreciate (i.e Plano TX, Milwaukee, Memphis, and a few others.) I continue to flip from one place to another while continuing to do my research on investing. Especially since this will be my first investment property. 

[Alex Craig]

Good thread post but you're going to get more sales pitches that advice. Check out Memphis, Little Rock, Dallas, Houston, Columbus Ohio, Jacksonville Florida, Kansas City Missouri, St. Louis, MO, Knoxville Tennessee, Northwest Arkansas, Baton Rouge Louisiana...... The list can go on and on. It's in a file a market do you like where there is a need for not just Rentals, but quality retail ready Rentals (that gives you a niche), The economy is solid, rents are up and vacancy is down. There are going to be double digit markets that meet this requirement. Once you identify the market your interested in, then narrow your choices to markets that you would like to visit frequently that way you enjoy visiting your homes and catching tax breaks for business travel. Then most important identify a team you want to work with. That is very important because you want to you like the people you work with and trust them. 

Sorry if there are grammar mistakes. Did this from iphone. 

Oh yeah, and if you can invest in your backyard or within a 2 to 3 Hour drive you strongly want to consider that. 

Good luck. I can advise you if you have any general questions about overall strategy and not market specific strategy outside of Memphis and Little Rock.