My interests lie in small-multifamily fixer uppers in Massachusetts (central Mass, Merrimack valley and Norfolk county just south of Boston). 

But I’ll include a link so you can check for yourself. https://www.toptenreviews.com/home/hvac/best-central-air-conditioning-units/amana-review/

When talking cap-ex, new-ish roof, new water heater, new central air system.

When talking cap-ex, new-ish roof, new water heater, new central air system.

I’m from central NJ.  

For $50k per house we are taking ownership using Subject To & Wraps and cash flowing houses in Maricopa County and central Texas.

I undertand the 50% Rule is there to cover vacancies and repairs, but just about everything in the property is new from the roof to the central air, and I don't foresee any major repairs for the foreseeable future.

There is a branch centrally located in my little town, which is perfect. 

We plan to replace with tankless water heaters and in-unit high-velocity small duct central heat and air (using electric baseboard for the garden unit heat), and also remove all the radiators from the building.With the furnace and water heater removed, we would like to knock down the walls dividing the current furnace room, and make one larger rear, which is the bulk of the remodeling work to be done. don't not currently have drawings or architectural plans.

Scottsdale, Tempe and Central Phoenix are probably your best bets.