I'm considering relocating in the near future strictly for the purpose of investing/building a portfolio of rental properties.I'm specifically interested in using the BRRRR strategy on residential 2-4 unit properties and 5+ unit commercial deals.I'm looking for assets in desirable C+/B- or better areas so no section 8, high crime or low income type of neighborhoods.Rents must meet the 1% rule and I'd like to cash flow $200/door after refinancing once the property is rented/stabilized.I'm trying to find a market where deals are more readily available than here in South Florida where it's very competitive.If you were gonna pack up and move somewhere strictly to invest in rehab/value-add multifamily where would you go?

I am still not super excited about this deal based on your future expected proforma. $1000 in cash flow meets you $100/door minimum, but it still isn't super sexy. 

I want to stick near my good Ol Clark county for now, but in the future that knowledge may come in very handy!

I have one rental home that is working well for me and I am interested in purchasing more rental homes in the future. 

With rates moving higher, it is likely that your rate will increase in the future.

@Mike Dorneman No problem I hope you can figure out how to verify tenants rents in the future.

I am hopeful that this decision is a long time in the future for me.  

@Nicole GroenewaldWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

Future plans are to own rentals, learn to flip, and see what happens

A lot of investors are having a tough time with appreciation plays penciling out right now because (1) they feel that prices are elevated (2) their prediction for future appreciation is not as high or as predictable as it has been for them in the past and (3) the cash flow is low.Real estate is local though and there are opportunities at every point in the cycle (#7 above).