The key is making sure you’re comfortable with any short-term negative cash flow and have a solid plan for how that property will perform over time.We work with a lot of Bay Area investors who purchase in Boise for this exact reason.

Been in the game for a while, mostly building multifamily projects that balance quality and cash flow.Right now, we have multifamily developments going in Dothan, Warner Robins, Douglas, and working on breaking ground in Waycross, Kingsland, Colquitt, and Thomaston--new construction, built to perform for investors.

I know BiggerPockets has some solid templates for market analysis, but I’m looking for more specific insights into what data and tools experienced investors use to determine if a market is worth pursuing.A little about my strategy:I’m looking for a good balance of appreciation and cash flow (not just one or the other).I currently have a full-time W2 job but plan to transition into full-time investing within the next 5 years.Open to out-of-state investing, but struggling with how to track and analyze different markets effectively.What key statistics do you look at when evaluating a market?

I know you don't want to deal with tenants and their problems, so why not either:A - Buy a NNN property where you don't have those problems, but still have cash flow,...orB - Take your $500k, and partner up with another investor where they deal with the tenants.

I presume your intention is to be an active investor who owns physical real estate and not someone who invests passively.

Private lenders or even creating a small syndicate with a group of investors might also be worth exploring, especially since you can point to your uncle’s track record and your own experience managing rentals as a selling point.If timing is tight, you could look into a bridge loan to secure the property while figuring out a more permanent solution.

I have also made the move from being a US investor to living in Spain.

Instead of flipping the house, I should have wholesaled it—cleaning it out and listing it for another investor to take on the renovation.

It's a local investor meetup that meets on the first Tuesday of every month.

Quote from @John O'Leary: Hi Joe,We’ve worked with several PadSplit investors to secure financing, and while these properties cash flow really really well, they do come with challenges—tenant turnover/issues and being the biggest ones.One hurdle we’ve seen is that getting financing can be tricky since PadSplit rentals are still considered non-conforming by most lenders.