We have been leasing a few in Mustang and SE OKC here recently in the off season and had good luck finding tenants from Facebook Marketplace.

If you’re leaning toward appreciation, Jersey could be a good play, but if cash flow is more your thing, grabbing some SFH or smaller multifamily properties in the Midwest or here in the SE with cash could work well too.

As far as being new here, im really not here...per se.

Anyway, just want to se what your thoughts are on this. 

We all have short memories lots in that part of SWF have been a yo yo in values for decades when the market is hot they go up when it cools they drop to 5 to 20k per lot.  08 09 saw builders in those market go poof.. builders from SE flooded there built a ton of inventory and could not sell it in the GFC I was buying brand new houses at foreclosure in 09 for 30 to 50k each.

N,S,E or W?

A couple of them we have known each other for a number years and they were not wealthy per se when we first met so we grew together.

That has typically been the housing path in rural SE in the past.

Upper NW and over $1M still move quickly-  condos, developers @ SE has dried up.

I wasn’t sure how that would all work considering I wasn’t taking on debt per se, but there is indeed a promise to make payments on the mortgage.