Best Place to Invest in Multi-Family Homes in US

[David Lowe]

I live in San Diego but the real estate market is extremely prohibitive and too many people rely on appreciation as cash flow from rentals is so tight. I am looking for alternative markets to buy low cost multi-family units. Any suggestions? I heard Utah and Cleveland were good markets giving high yields for rentals. I also heard you can buy units in Midwest for $60k. 

[James Wise]

Originally posted by @David Lowe:

I live in San Diego but the real estate market is extremely prohibitive and too many people rely on appreciation as cash flow from rentals is so tight. I am looking for alternative markets to buy low cost multi-family units. Any suggestions? I heard Utah and Cleveland were good markets giving high yields for rentals. I also heard you can buy units in Midwest for $60k. 

 There is definitely an abundances of cheap rental properties in the Cleveland market. Very important to note that cheaper isn't always going to equate to better. Some neighborhoods are very high risk while others still provide a low barrier to entry with a much lower level of risk. For more information on the different neighborhoods in the Cleveland market check out The Ultimate Guide to Grading Cleveland Neighborhoods.