Pretty much everywhere else (minus the really rural areas, but hey maybe you could pick up some sweet farmland) is good for cash flow.I live in Raleigh, invest in Fayetteville, NC.

First time poster, so be sweet :).

But you could do a champagne or wine bottle....

That's good, but they sure took their sweet time.

Sacramento has that sweet spot of high appreciation but also low enough prices that cashflow is still possible. 

Honestly, I think people paying these outrageous prices for properties that don't even cash flow either have no idea what a deal looks like or are being sweet-talked by their agent into believing it is one so they can get a fat commission check.

@Kerilyn Paris Sweet!

The sweet spot is to find a home with good structure and mechanicals near alert neighbors who keep their homes in good repair and free of trash.  

Once it's stabilized, we're expecting over $13K in monthly revenue with a sweet 10%+ cash on cash return!

We recently got into a really sweet deal with my brother on a Triplex up in Wasilla, AK.