or needs to be in two places across the state from one another?

Quote from @Kash Tacke: Hi,I have two single family houses in Detroit currently rented out. 

Most likely one of two issues. (1) You don't have an investment grade deal; or (2) you don't have the relationships yet to assign a contract. 

I have liquid assets and want to make smart, scalable investments that balance cash flow, appreciation, and low risk.GoalsGenerate consistent cash flow to diversify my income.Maximize appreciation potential for long-term wealth growth.Invest in areas with low crime rates to minimize risk.Reduce my tax burden for 2024 with real estate purchases.My Current ThoughtsI’m torn between two main strategies:Multifamily Properties:Looking at markets like Austin, Raleigh, and Tampa for 10-50 unit multifamily properties.Love the scalability and centralized management, but I'm concerned about high upfront costs and competition.Section 8 Housing:Considering affordable markets like Memphis, Cleveland, or Indianapolis to purchase 5-10 single-family homes.I like the government-backed rent stability, but managing multiple properties across different locations seems intensive.Key QuestionsWhich strategy would you recommend for my goals and liquidity?

For rentals, would a single floor or two floors makes sense? 

Hello BP Community,Well I am official, I purchased my first house to flip two days ago. 

I have two "casitas" and a two bedroom two bath 1600' home ready to get installed.

Out-of-state investing makes the most sense for me—it’s impossible to cash flow anywhere near me, and moving wouldn’t make sense because I wouldn’t be able to earn the same wages or find the same kind of jobs.Before this purchase, I already owned two properties: a long-term rental outside Houston, Texas, and a short-term rental in the Sierras in California.

I respect that thought, but Duluth to St Paul is more than two hours each way.

Nick,Between Dayton and Middletown those are two great spots to buy a 2-4 unit in as an investment rental.