How best to invest $200k Purchase price for cash flow & low risk

[Lisa Eckman]

If you had around 200k to purchase a rental, would you look for a VR or a regular rental, and why? I’m looking for cash flow primarily, with some appreciation. What state or specific area/town would you look at? I live in California, and, as mentioned, the numbers can be difficult. I don’t have a problem going out of state, just not sure where to focus, and whether I should look for a VR or regular/full-time rental. Thanks for your insight!