I recommend checking out markets with growing economies.

We obviously do have some nice appreciation and an incredible economy that makes our area good for other reasons. 

But new data is saying something very, very different.Taylor Marr, Senior Housing Economist at Airbnb, chatted about how Airbnbs affect the economy, affordability, and housing supply. https://www.biggerpockets.com/blog/real-estate-1008

So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.

The economy added 142k jobs last month.

In late 2019, the economy was slowing, and inflation was at bay, so the Fed began cutting at a similar pace to what the market is expecting in late 2024.

I always tell people to be cautious to make the jump, especially depending on experience as many in real estate made money last few years because of economy not because of management.

but... in my experience, you will be in a stronger position if you build a network of humans by going to real estate meetups and really learning a market.for example - here in Pittsburgh we have a lot of old houses that need big rehabs. and the best software / AI in the world can't help me, because it doesn't know the conditions of the interior, the sewer line, etc. for most of them. 

If possible, consider partnering with someone who has a higher credit score or stronger financial position.

When picking a market, I would recommend first looking at whether or not the state is landlord friendly and then the macroeconomics (population & job growth / any additional drivers that are helping the local economies) of the various cities you're potentially targeting.