Ten Best Cities to Buy Rental Properties

If you've been contemplating about doing the Landlord Train, here are the 10 Best cities to invest in rental properties provided that you understand the risks involved. 

1. Las Vegas - Median home price in 2012: $122,000; Projected home price in 2015: $121,08; Projected annual rent in 2015: $12,829 
2. Detroit - Median home price in 2012: $78,00; Projected home price in 2015: $93,98; Projected annual rent in 2015: $9,016 
3.  Daytona Beach, Fla - Median home price in 2012: $114,000; Projected home price in 2015: $123,28; Projected annual rent in 2015: $11,048 
4.  Orlando, Fla - Median home price in 2012: $115,000; Projected home price in 2015: $150,491; Projected annual rent in 2015: $13,105 
5. Warren, Mich. - Median home price in 2012: $114,000; Projected home price in 2015: $116,706; Projected annual rent in 2015: $9,308 
6. Bakersfield, Calif - Median home price in 2012: $115,000; Projected home price in 2015: $135,660; Projected annual rent in 2015: $10,628 
7. Phoenix, AZ - Median home price in 2012: $135,000; Projected home price in 2015: $162,053; Projected annual rent in 2015: $12,268 
8. Atlanta - Median home price in 2012: $122,000; Projected home price in 2015: $164,253; Projected annual rent in 2015: $12,255 
9. Reno, Nev - Median home price in 2012: $137,000; Projected home price in 2015: $152,509; Projected annual rent in 2015: $11,366 
10. Tampa, Fla - Median home price in 2012: $100,000; Projected home price in 2015: $150,271; Projected annual rent in 2015: $11,186 

 A combination of beaten down markets and rising rents may make these cities a promising place to be a landlord.....

Source: http://money.cnn.com/galleries/2012/real_estate/1206/gallery.best-rental-investing-markets.moneymag/index.html