Hello,I'm looking to buy out of state rental properties, either single family homes or commercial, and was wondering what cities I should consider if my goal is to maximise ROI.

Ensuring my time here on earth is well spent and maximise my potential every single day.

Ridicules to hold a property worth 400K having rent at a measly 2K.Sell now and invest with minimum DP on properties or one large property to maximise your ROI.

I prefer to maximise my ROI.

If you like the tenants I would be careful not to raise to much that you luch them out but at the same time maximise your rental income.

Condos and SFHs are both a poor selections to invest if your goal is maximising positive cash flow.

Those that base their investment on maximising income and will automatically increase rents annually, knowing that expenses rise constantly, and are pro active in management.

Single member LC's are disregarded entities in the USA so you pay personal income tax in the USA, (if any) and the income and tax paid is credited to the trust in NZ to maximise your flexibility. 

It boils down to maximising returns or minimising risk (in theory).Make your cash earn it's keep or take surplus cash and hoard it for someday maybe.Odd thing about cash hoarders is that although they think they are being ultra conservative dead equity actually places your money at a higher risk.

Hobby landlords generally prioritise avoiding managining their investment over maximising income.