I think it is fair to say that there is somewhat of a tradeoff between markets that provide positive cash flow on day one and relatively high appreciation-based markets.

To be more specific about what i'm looking to do: My 1-2 year goal is to employ the BRRRR strategy with SFHs and Condos by buying distressed / highly undervalued properties that need work (preferably all-cash) in low crime areas with strong rental demand, renovate them within budget (again preferably all-cash) and get them rent ready before refinancing them at the highest ARV possible.

where can we find places-websites to analyze areas that will provide positive cash flow?

Purchase price: $155,000 Cash invested: $60,078 Sale price: $275,000 Fix & Flip property in great neighborhood in Saraland, AL.

While it is possible and can be profitable to invest in small properties out of state, I don't think it's worth your time and effort.

Purchase price: $265,000 Cash invested: $40,000 3/2 1728sqftLake access What made you interested in investing in this type of deal?

Purchase price: $450,000 Cash invested: $680,000 Sale price: $1,380,000 Bought a tear-down prop.

Apparently they take preferred interest in your company or have you sign a UCC cash flow agreement.

At those price points I'm assuming this is a more cash flow area like the rust belt, or other mid west geography.

Carrying costs are minimal, I bought all cash - no bank interest to worry about.