Investing out of State

[Harleen Kaur]

Hi,

We have a primary residence and one duplex as investment property in Los Angeles Area.  We would like to invest out of CA and use a property mgmt company and our core requirement is positive cash flow.  Looking for resources that can provide me following info.

(1) States with growth where it makes sense to invest from rent, favorable policies for landlords, and tax benefit.

Investment property is not our main source of primary income, but means to diversify investment portfolio , get tax benefit, and create generational wealth.  

[Juan V Lopez]

Good cash-flow states for me have always been the midwest – Chicago, Indiana, Cleveland, Pittsburgh, Missouri, Kansas. Properties don't appreciate much there, but they also don't crumble as much when the economy takes a plunge.

The highs aren't too high and the lows aren't too low. They're stable markets with stable job forces and low barriers to entry.