What state to invest? All cash, no loan

[Scott Ball]

We are property investors from Australia - we can't qualify for a loan since we have no credit history, so the 1st property will be all cash. 

We are just after a hassle free,  'no-brainer' rental to get us started with steady cash flow, and good chance of some appreciation over the years. Buy and hold long term. Will consider any state, but not interested in apartments, just single family or multi family. Budget around $250K and ideally no older than 15 years old so we can get some depreciation. Thoughts on what states to invest?

[Evan Hopple]

@Scott Ball I invest in Columbus, OH real estate. Huge growth to come from recent additions to the tech sector (google, intel, amazon, honda, and many start ups). Plans to were announced last month to invest $2B into the cities airport in anticipation of the population/business travel growth. Plenty of properties here that fit in your price range!