I believe Columbia is still a pretty good metro area for BRRRRs.

Being near a lake is killer especially if you're within a couple hours of a metro in Idaho.

There is a saying in Belgium : “when it rains in Paris it drips in Brussels”. 

There are tons of properties in that price range across America, just not on the coast, in the metro, or a prestigious town.

 I invest in the Bay Area and Indianapolis metro are but my CA properties were acquired pre-2013.

My wife Andrea own over 100 rental properties in Metro-Detroit...We chased this 16 unit down for TWO YEARS before finally getting the owner to sell it to us back in 2022.It had A LOT of work that needed to be done:- Tenants weren't paying rent on time or at all.- Units were completely outdated and had deferred maintenace.- It needed a community face lift and re-brand (was called windmill apartments....yuck.)We came in and strategically worked our business plan:- We upgraded the exterior including fresh paint, signage, and landscaping.- We removed delinquent tenants and changed the community standards around to provide a safe and clean place of living.- We've upgraded 75% of the units with fresh flooring, paint, cabinets, countertops, and appliances as needed.When we took over the property the 16 units were producing around $9000/month in gross rent.I just checked our rent roll today, and we just crossed $17,000 in gross income monthly!

That's near impossible in most of NY State metro areas.

I had to cancel my trip to Paris 2 times now.

@Brandon Morgan not sure how far your income & savings will go in Florida.You might want to consider the Midwest.We can answer any questions you have about Metro Detroit!

@Cora GilmoreRecommend Taryn Blanton at WFG NationalAlso Shawn Morgan for the attorney - morganlawpdx.comThey are more in the area of Portland Metro, area as an FYI.