Not to toot our own horn too much, but Birmingham, for example, has some of the lowest property tax rates in the country: https://smartasset.com/taxes/alabama-property-tax-...Choosing a market depends a lot on what kind of investment you want.

I would be looking primarily at Kentucky, Tennessee, Georgia and Alabama. 

I also agree with @Al Canaveral - I can provide comps and analysis, but I can't decide the price for you. 

If I lived in Auburn Alabama and had access to cash I would become an expert on Lake Martin property.  

http://www.tlcrealty-inc.com/Al Claude is great for property management and has been doing it for 20 plus years.

Just trying to find anyone from southern Alabama who knows a little bit about the local market there in the Dothan, Enterprise, Ozark area.

We have a vacation rental condo in Orange Beach, AL that does very well!

I have ten property in Alabama, and 4 in Texas.

I think 17 states do allow them:  Alabama, Delaware, Illinois, Iowa, Kansas, Minnesota, Missouri, Montana, Nevada, North Dakota, Oklahoma, Puerto Rico, Tennessee, Texas, Utah, Washington DC, & Wisconsin. 

Right now I'm looking for data in markets including with Florida (west and east) and Alabama (Birmingham, Florence, Huntsville).