Best cities and districts to invest in 2017 / 2018

[Account Closed]

Based on your experience, what are the best cities to invest in the next couple of years?

The city i live in (los angeles) is overpriced and most of investments i've seen lately do not make any sense; i'm therefore compelled to now look for opportunities in other cities and states where the markets are still recovering.

The strategy would be mosty buy and hold; value added multifamily and single family portfolios projects; the strategy would be to buy at a discount, rehab, lease, refi, and move to the next project

Criterias:

- minimum 1-2m+ metro areas

- landlord friendly laws

- minimum 10% net cap rates

- strong appreciation

- low vacancies / supply

- low property taxes

- low income taxes

- low price to income ratios

- positive demographics

- healthy local economy

I've done some researches and found that Detroit, Cleveland, Indianapolis, Pittsburg could eventually be interesting markets despite weak demographics; at least for the next couple of years

What's your take about that?