New to BP, $150K to invest, which market to hit??

[Constance Kawa-Small]

Hello BP Community!

A bit about me:

I’m a newbie rental investor.

I’m a resilient military spouse.

I’m a learning mother of two.

I’m a believer in a better world and people’s kindness.

I’m one to pay-it-forward and grow within.

I’m a hardworking dreamer planning on achieving financial independence through real estate.

Real Estate experience: 1 rental unit in Greater Tampa, 1 primary residence with good equity recently sold in San Diego, CA.

Targeting: move in ready or minor fixes SFH, condos, townhomes or duplexes for rental cash flow. BRRRR.

Market: here’s my big question mark! Definitely not in Hawaii, where I currently live. So I am trying to narrow to a good real estate market with solid rental cash on cash return.

Although I have a rental in greater Tampa area (Riverview) with a realtor and a PM, I keep reading that Tampa might not be the best to invest (as date of this post, 2019). I keep reading articles and forums and blogs with such a mix of information, I’m lost!

WHICH MARKETS do you have experience on that still have affordable properties but good rental prospects and equity growth?

Detroit?

Atlanta?

Thanks in advance for reading and commenting!