Also, explore creative financing options like seller financing or private loans to reduce upfront capital needs.

PS: partnerships are in my trajectory... might be a good option as well Did I read that right, you house hacked an OOS property?

This multifaceted approach can often shield them better against market downturns, providing a more resilient investment option. 

You have lots of options in the Southeast and Texas. 

@Lexi Blocksom If the burden of holding the property outweighs the long-term gains, a 1031 exchange allows you to defer all taxes, and you won’t have to recapture depreciation.This option enables you to use the deferred tax benefits to purchase nicer properties in areas with greater growth potential.Once you complete your exchange, you can immediately do a cash-out refinance if you need access to some cash, tax-free.

The truth is that if you find the right deal, you can make pretty much any market work but if you are looking for consistent deal success that narrows your options down.Some investors look for simple signs like the "Chick-Fil-A" test.

Hey send me a DM, I have a closed ended second lien option for you that's a DSCR but I have to send you a questionnaire to make sure we can do it. 

There are many options, but I like TransUnion SmartMove the best.

An out of state turnkey option would be easy to do in parallel with this since a true turnkey option should not take much, if any effort other than selecting the right team in a market that can help you reach your goals. 

I did manage to get the flip rented out on a lease option.