There are a lot of markets with solid job markets, strong populations, solid rent growth, but when you are talking ONE property, unless you are considering highly rural areas, it likely doesn't matter.  

You'll have a slight disadvantage compared to the local population, but nothing that should crush you.

But either way, it is a fairly substantial number of States and many of which have large population centers.

Thanks,Jake For unemployment data and population growth, government sources like the Bureau of Labor Statistics and Census Bureau are reliable and up-to-date.

I’m trying to increase my presence to the local renter population.

First is the macroeconomics here are absolutely blowing up here - population growth, job growth, and SO MANY companies moving/developing here.

Quote from @Cameron Valentine: You're right—finding cash-flowing properties with 20-30% down in Tampa is tough right now with high prices and high interest rates.

I am in Florida and that is exactly what I do..I help OOS investors find high profit investment properties. 

A cash-out refinance or home equity line of credit (HELOC) can be powerful tools to keep your momentum going.Focus on Stability:Look for investments in areas with strong job markets, population growth, and consistent rental demand.

Focus on cities with favorable price-to-rent ratios, population growth, and employment trends, such as Des Moines, Oklahoma City, and Charlotte, while considering factors like landlord-friendliness and property taxes.