The cities were ranked by estimated future returns investors can expect when they buy single-family homes to rent out, compared with the projected national average future return of 5%.
They list their top ten. Their top five is:
1. Las Vegas, NV
2. Detroit, MI
3. Daytona Beach, FL
4. Orlando, FL
5. Warren, MI
What does the forum think about their list? Is this an effective starting point for remote investors to choose a market to invest in?
Here is a link to the article. http://money.cnn.com/galleries/2012/real_estate/1206/gallery.best-rental...
The cities were ranked by estimated future returns investors can expect when they buy single-family homes to rent out, compared with the projected national average future return of 5%.
They list their top ten. Their top five is:
1. Las Vegas, NV
2. Detroit, MI
3. Daytona Beach, FL
4. Orlando, FL
5. Warren, MI
What does the forum think about their list? Is this an effective starting point for remote investors to choose a market to invest in?