Best Place in the US to invest $100,000 in condo/apartment/house for rental

[tkramer]

I do not know if I am in the right place, but my Thai wife's family would like to invest in the neighborhood of $100,000. in a US property with at least a break-even rental return.

What state or region do you recommend? My personal preference is for the 'west' as opposed to the 'east'.

What say you veterans of US servitude...?

Edited June 21, 2016 by tkramer

[Freakin Musashi]

Servitude? ...whatever.

"Out west", you can barely get anything for under $100,000. Maybe a mobile home, and I don't see anybody getting rich off renting one.

Try "out east". Good luck.

[gk10002000]

I recommend avoiding owning any physical property or investment. If they have money to invest, and want to get involved in real estate, I would suggest equities. There are several stocks and ETFs one can buy. I personally own shares of NLY which is a real estate investment trust (REIT). It's dividend pays over 10%. There are many other real estate investment equity choices.