How to retire off Cash Flow

[Claude Vargas]

Hey BiggerPockets! I just joined the group yesterday after looking into real estate investing for the past 8 months. My goal is to eventually earn $10k-$12k per month off cash flow, and have been trying to find my first rental property investment.

I am currently preapproved for a conventional loan in Texas and looked for single family homes in both Dallas and Houston, but it’s been difficult trying to find a property that cash flows $300-$500 per unit. After looking for a few months now, I started hearing Ohio is a great market and am starting to look there.

It would be awesome if anyone can share their thoughts on how they’ve grown their portfolio or share any advice on how to start hunting for the right deals! 

[Bill F.]

12 posts in this thread, five of them recommend investing in Ohio, hmmmm either Ohio is diamond in the proverbial RE rough or I've missed something. 

Oh wait, all five of the posts recommending Ohio come from.... Agents who work in... OHIO!!! Four of them at the same brokerage.   They even upvote each other's posts. What kind and caring co-workers reafco hires. 

@Remington Lyman, @Austin McClain, @Brandon Goldsmith, or @Patrick Drury

What trends, demographic, governmental, socioeconomic, or other, do you see in Ohio that will lead OP to get a high enough total return relative to what he'd get in TX that justifies the risk of investing 1,000 miles away in a market he has no experience, knowledge, or network?