Cashflow in Jacksonville Florida

[Trace Garretson]

My girlfriend and I are selling our current home in Colorado. We are relocating to Jacksonville, Fl this spring. 

We intend to buy one single family home to live in for the first year, that will transition into becoming a rental once we target our favorite area of town to buy our new primary residence in. 

Our biggest concern is locating the ideal neighborhoods to purchase a rental in, in terms of cashflow and high ROI, and appeal to families with kids that will hopefully rent long term and keep our vacancy very low.

Our budget on the first property is a max of 35k down.

Jacksonville is such a huge place that we really need suggestions on where to start our search. Although we live in Colorado at the moment, we will visit Jacksonville for a week with a realtor before new years, and will go once more if necessary in January to get boots on the ground and get a feel for the area in person. Where would you look to buy?