Is AZ or NC better to invest in?

[Jade Frank]

New real estate investor here, we're ready to start the journey of real estate investors, not sure if phoenix AZ would be better or Fayetteville NC. We live in Wisconsin so it will be a hike but we plan to move to where we are starting to invest. We have done a ton of research about phoenix and it seems like a good area as the unemployment rate is low and population is increasing. Everything comes with a risk but I want to hear everyone's opinions for both states in the long run, thanks in advance 

[Evan Polaski]

@Jade Frank, I am going to echo V.G.  If you plan on living there, I would pick the place you want to live, then start investing.  

Personally, I would never live in PHX, but that is all personal biases (I prefer seasons and greenery), and clearly lots of people choose to live in PHX.

At the end of the day, I would argue market selection almost only comes into play when you are talking assets that cater to institutional buyers that have to get investment committee sign off. I am guessing you are buying SFR and small multi's. As such, your success will come from knowing the nuances of the market and where you can drive value/achieve strong returns. You can do that in NC and you can do that in AZ.