First-time out of state investor

[Jacob MacIsaac]

Hi friends. I’ve been exploring alternative means to replace my 9-5 income and have settled on long-term rentals to do so. I am closing escrow selling my personal residence in San Diego to move to another part of the county. My expenses will ultimately drop significantly and I’ll have a nice chunk of equity to invest. I have been looking at some metros in Ohio, Wisconsin, and Indiana seeking more stable cash flow and price action. I am having a hard time settling on one specific area though. Does anybody have any resources evaluating neighborhoods, properties, management cos, etc? I could also be willing to provide the capital if someone knowledgeable provides the know-how for my first deal. For the first deal I would ideally like to put up to 40k down and keep another 10k or so for reserves, repairs, etc. thanks for any feedback.