The surrounding areas such as Belleville and Upper parts of Newark (upper Roseville, branchbrook park), Kearny are good options as well.

If you can get fixer-upper in an otherwise safe (looking) Class A/B neighborhood, you could put in some sweat equity then rent that out.

I consider that the upper bound of reasonableness.

I'm gonna go out on a limb and say the first-time investor isn't looking to spend $2M and be in the black $1,000/mo or more.Secondly, and most importantly, you can NOT get an STR in Breckenridge (or Keystone, another option in your response).

You can click on the magnifying glass in the upper corner and research previous times this has  been asked and answered.

Fixer upper MFH could be low in inventory but normal ones are still there

The mid to upper end suburbs like Overland Park, North KC, etc are ideal for MTR along with being in the prime parts of Kansas City.

Well the hurricane just passed , I am sure you can find some fixer uppers in Florida .

Fixer-uppers offer higher returns, lower prices, and more customization but can be time-consuming and stressful.

-->Rental estimations for area are (conservatively): $2000 lower unit, $2600 upper unit.What about this doesn't work for you all, given our investment goal and strategy?