Cinci, Nashville, Boise, Salt Lake City for rentals??

[Paul Altman]

Hello

I am looking for rentals to add to my current portfolio and am trying to narrow down my search to one or two cities to focus on based off mainly projected job/population growth, potential ROI, and where i can hopefully meet the 1-2% rule and so far I'm looking at the four cities in the title. I know this list is pretty random but after doing research the economies there look promising however have only done a little searching on the rental rate to purchase price ratio. I would appreciate anyone out there that lives in or has any experience in these particular areas if they had any advice to give for why I should or shouldn't consider these cities. Would love to speak with any realtors/wholesalers/property mgmt companies that are knowledgable about these rental markets.

Thanks

[Leo K.]

@Paul Altman

It's rare to find 1% deals in Nashville. Although the economy is strong and rents are rising, property values are inflated and there is a lot of buyer competition = low cap rates. You'd have to venture out in the secondary markets to find a clean deal above the 1% rule.

You may want to investigate @Ben Robertsadvice and check out Memphis. Strong rental demand and lower price points.