Looking for cash flowing cities

[Rob Burns]

Hi everyone, 

I'm an investor in Florida and have also purchased in New York, however our market is getting too pricey to get good cash flow. I'm looking for ideas for other cities that have a stable blue collar work force, low unemployment, low crime and get a cash on cash return of ~15%. Perhaps in the mid west? I'm not looking to chase the hot new trendy city, just a stable long term rental market. Let me know what you have found would work. 

Oh and I like 2-4 unit properties but would look at up to 10 units in the right market.

Thanks in advance ,

Rob