Where are people looking for out of state Multi-Family Investing?

[Jack Barkow]

All of my portfolio is in northwest Indiana, which over the last few years has become a very hot market for out of state investors.  Just a few years ago I was getting deals done at 25k/door as an offer too good to refuse and now I'm seeing deals at 75k+/door giving worse returns than a high interest savings account in C class areas with all the problems that come with C class.

I'm looking to expand my portfolio and I'm curious what other investors have been doing in the post-covid investing era?  Are people doing direct mail campaigns or skip-tracing and cold calling owners themselves to get some off market deals done or are y'all going to other markets?  How are y'all keeping a pulse on multiple markets to invest in and keep deals coming to grow portfolios?