Detroit, all day.Note, I am biased but I also understand facts.

Also, take time to understand Arizona landlord-tenant laws to stay compliant and protect your investment.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

@Dennis Bragg this was solid advice.

A Property Manager can also assist with understanding local regulations and the practical aspects of property management, ensuring you make a well-informed decision.Feel free to share more about your specific needs.

I understand Vermont has slightly more stringent regulations to contend with but it would also be closer for us geographically and thus potentially easier to manage. 

Austin is not a great cash flow market currently, but has proven to have solid long-term appreciation.

You need to understand how to drive the Net Operating Income to produce a good solid return. 

As a CFA you probably know the old quote from Warren Buffett who said something like "buy what you know and understand". 

@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.