Best cash flow regions in USA??

[Juan Carlos Correa]

Hello community! I’m starting my real estate journey in the US (I’m originally from Mexico) and wanted to ask you for recommendations of regions/cities for me to look to purchase my first investment property. I’m looking ti buy either a single family home or a small multi family with a budget that can’t exceed 150k. I have read positive comments and experiences from other investors from deals in the Great Lakes region (OH, PA, IL, MI, etc) any thoughts?

[Nicholas L.]

@Juan Carlos Correa

hello.  i can simplify for you - nowhere.  there is nowhere that will yield significant cash flow right now - unless you:

1. buy in a very tough area and are hands-on enough to grind out cash flow by doing things yourself.  self manage, self repair, self drive your tenants to the courthouse to get evicted.  @Jonathan Greene alluded to this as well.

2. use a higher risk, higher reward strategy like STR, MTR. i'm not recommending these, i'm just saying that they can yield higher cash flow than LTR.

and/or

3. buy something in all cash.

this is just where the market is right now.