Make sure they are "investor friendly" and well connected in the neighborhood.

They specialize in multifamily as well!

And make sure to plan for the additional depreciation as well!

I have seen a few people mention that house hacking is possible as well but tricky to find a property that can support that approach.

I got started by moving from Portland OR to Columbus Ohio and started full time real estate investing here and started with house hacking/multifamily as well. 

Quote from @Robert Ellis: Quote from @Damien Davis: Hello BP Community,I'm a rookie investor, only have one deal under my belt (Long term rental) and it's been treating me very well.

But ya have to make some educated prognostications in life.Add this to the information your processing - What your talking about doing is eliminating around $4000 or interest expense (which is deductible anyway so really could be a real impact of eliminating $2800 or so) of debt in exchange for paying over $10K in capital gains tax (don't forget possible state gains tax as well).  

The BRRRR method is a great way to quickly build up a rental portfolio and considering you are in one of the fastest appreciating markets in the US, you will be able to profit off of appreciation as well as rental income.I am a real estate agent for off-market distressed properties here in Fort Worth, Arlington and surrounding areas.

I know a lot of investors have done very well in Peirce County but I just haven't learned or know enough about that market to make an investment there.Washington state properties are expensive and can be difficult to make breakeven let alone cash flow at this moment due to the combination of high prices and interest rates. 

The first guest that I mentioned went through the full eviction process and left before being removed by the sheriff.Since I’m telling stories here, I’ll also tell you that I am one of the rare hosts who has successfully evicted a short term rental guest as well.