I have a big goal to purchase a rental property this year. In an ideal world, I'd like to buy a rental property close to where I live now, however, I believe the major city that I currently reside in is a horrible place to buy because of high taxes, high county/state debt, corruption, etc. I find myself with the problem of - If I call a Realtor in FL, they will tell me they have the best properties available. If I call a Realtor in CA, AZ, or TX, they will just say the same exact thing out of personal interest.
Where can I find objective info/advice on where to purchase a rental property?
Which areas of the 48 states are better area for rental investments?
The maximum price for my future rental cant exceed $120k. I prefer a single family home (not a condo), in a warmer climate, and I'd hopefully prefer to own the place long-term(20 years). I would have the rental professionally managed(since I dont have the time or the expertise). Also, I cant pick up and move because I have a job that I cant leave.
?Anyone able to either (1) offer advice on better/best/suitable locations -or (2) advise to where I could get this info?