Their population and jobs are fairly stagnant but it's still a popular cash flow market.

My IBC policy is a reserve fund (Fannie Mae requires 6% of unpaid balances if you have enough loans), an escrow account for income taxes, property taxes, and hazard insurance premiums, and a place to set aside allowances for vacancy/repairs/capex.You might watch some Truth Concepts videos on YouTube.

In no particular order I have listed some of the most popular markets for out of state investorsCleveland, OhioDayton, OhioToledo, OhioYoungstown, OhioCincinnati, OhioMemphis, TennesseeBirmingham, AlabamaKansas City, MissouriSaint Louis, MissouriIndianapolis, IndianaDetroit, MichiganErie, PennsylvaniaLouisville, KentuckyMilwaukee, WisconsinJackson, MississippiEach of these markets is popular with turnkey investors because of the low barrier to entry, high rental demand & high rent to price ratio.

My strategy for this deal was to take on responsibility for the POS items, offer no contingencies (after my agent and contractor visited and took video), and all cash.

In no particular order I have listed some of the most popular markets for out of state investorsCleveland, OhioDayton, OhioToledo, OhioYoungstown, OhioCincinnati, OhioMemphis, TennesseeBirmingham, AlabamaKansas City, MissouriSaint Louis, MissouriIndianapolis, IndianaDetroit, MichiganErie, PennsylvaniaLouisville, KentuckyMilwaukee, WisconsinJackson, MississippiYou can make or loose money in any of those markets.

But to answer your question specifically, I look at zip codes that surround areas that are already popular and happening because that's where the growth will expand to.

He has a longstanding YouTube channel, with hundreds of good 'edu' videos.

Yes I’m really new to this although I’ve seen some videos in youtube but not enough to go start.

Many are well represented by sellers & turnkey operators here on BiggerPockets (myself included) The most popular markets are ClevelandToledoMemphisBirminghamKCIndyDetroitEach of these markets is popular with turnkey investors because of the low barrier to entry, high rental demand & high rent to price ratio.

As far as numbers goCost of Property closing and Transfer Fee's - $58,000standard rental income per month - $490 - yearly income - $5,880If used as AirBnb - Possible $7100 yearly incomeTaxes - $450 yearlyHoa - $500 yearlyThere are many cost of living videos as well as quality of life videos you can watch on youtube but until you experience for yourself you may not get the real feel of living in Colombia .