I'd Run for the Hills Before Investing in These 10 Real Estate Markets

I hate being negative about a city, but I'm a realist and understand that some places aren't lucrative for mom-and-pop real estate investors. It's not just a trite cliché that location is the most important factor in real estate -- it's absolutely true.

Where you buy investment property can make the difference between success and failure, but what makes this tricky is the best and worst places to buy change all the time. For decades, my home state of California was the place to buy real estate. People who invested there before me made fortunes. But today, I'd run for the hills before I'd invest in most of California.

Image source. Getty Images.

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Source Fool.com