Looking at southern Maine right now, hopefully expanding after we get some momentum.

Quote from @Skyler Southern: Leave your funds alone.

Scenario: - I have a 2bd/2bath townhouse style condo in southern NH that used to be my primary residence.

I believe it to be a little Southern California hidden treasure for cashflow, mainly class C but if you know what you are doing its a really good option to invest locally in CA with decent returns.

North Linden, South of Main, Vassor Village, Woodland Park, MT Vernon, Milo-Grogan, Franklinton, Merrion Village, Hungarian Village, Southern Orchards, Driving Park, Olde Towne East, Franklin Park, King Lincoln, Old Oaks, Livingston Park are all but not limited to some areas in Columbus, Ohio I think will gentrify quickly and make for great long term buy and holds.

For southern states, you might want to look at smaller markets in Alabama, Mississippi, or parts of Tennessee and Arkansas where properties are still affordable and cash flow potential exists.

I have a mid-term rental in Southern California near the beach that is consistently losing money each year.

It's a fabulous small town in Southern MN just off Interstate 90. 

I've been a land broker in Southern California for sixteen years. 

Quote from @Eli Epstein: @Al Boettger I am in southern NJ near Cherry Hill.