(These averages represent state-level; individual cities may levy additional taxes.)To achieve the same level of cash flow as a property in Nevada, you would need to generate a higher cash flow in Texas and Florida to offset the higher operating costs.Texas: The property must generate $5,752 ($9,256 - $3,504) more cash flow annually to compensate for the higher operating costs in Texas.Florida: The property must generate $2,343 ($5847 - $3,504) more cash annually to compensate for the higher operating costs in Florida.Overhead costs can have a large impact on cash flow.A Process For Selecting an Investment CityThere are too many potential cities to evaluate each one.

When I first raised rents I kept everyone month to month because I hadn’t selected those tenants and wanted to see how they would be before signing a year lease.

They can take time with their search and be more selective about a property’s location and condition.

Market Selection Criteria: To choose the right market, consider factors such as:Economic Growth: Look for markets with strong job growth, a diverse economy, and increasing population.Rental Demand: Identify areas with high demand for rentals, which can be indicated by low vacancy rates and high rent-to-price ratios.Affordability: Ensure the market offers properties within your budget that also meet your cash flow and appreciation goals.Property Management Quality: Verify that there are reliable property management companies in the area to handle day-to-day operations, especially if you are investing from a distance.Comparative Market Analysis: Perform a comparative market analysis to compare potential markets.

The reason must be base on an objective, non-discriminatory selection criteria.

You can combine this 5% down option with our 10% kickback on select new build homes to actually get paid 5% to invest in a property with no money down! 

After about 20 years, we've learned to be very selective, both with the door and with the client. 

We are pretty selective on who we will work for though. 

Select a plan of action based on your objectives and lifestyle.Remember, every real estate investment journey is unique.

I understand this is could be related to the location and the selection process by our property managers, so any advice is appreciated.