The right market for you depends on whether you prioritize cash flow (Augusta, Columbia) or long-term appreciation (Greenville, Huntsville).

Great job turning your condo into a cash flowing asset! 

I am a local agent here in Sacramento & I am a house hacker myself with 2 properties here that now cash flow.

Floating rate loans may help cash flow early in deal, but put a lot of risk into deals. 

If you need $5,000/Mo to replace your income and each rental property generates $300/Mo cash flow, you will need to acquire 17 properties ($5,000/$300).

@Mark Toweya couple things - from the seller's perspective, it means the seller doesn't have to wait the full 30 years to get the proceeds, and from the buyer's perspective, hopefully in that 5 years appreciation and maybe some updates have increased the value such that when you refinance you don't have to bring any additional cash.  

Diversified Cash Flow Fund:InvestNextThis sounds a little bit too good to be true.

Detroit seems popular for cash flow!

If there aren't any massive physical problems with the property, it appears you can grow income and equity.You might be able to buy this with little cash out of pocket if the seller owns it free and clear and was willing to finance nearly all of it.  

Purchase price: $289,000 Cash invested: $50,000Live in/flip then LTR