Need help in deciding city

[Rohit Vij]

Hello All,

I am new to investing. I have a condo, where I used to live and which is underwater now, converted to a rental when I moved to SFR. It barely covers P&I, HOA, taxes etc. but provides me experience dealing with rentals :)

Now I want to invest in a rental property which 'actually' has some positive cash flow. I was looking at Houston market, but seems there are many rental properties sitting vacant for couple of months. May be oil price drop is impacting the market.

I need help in deciding which market you guys think is good to invest. I would like to buy and hold and looking in 100-150k range. I live in San Diego, CA, there is nothing in my backyard with good rent to price ratio :(