Buying my first investment property out of state?

[Adam Ortiz]

Hey everyone,

My biggest dream is to own my own property, and start developing some cash flow. I’m currently a teacher in Los Angeles and the real estate market is out of reach for me where I live. 

I was thinking of investing in a rental somewhere in the Midwest (Cleveland?) somewhere in the price range of 50k-100k, because thats  what I can put a 25% down payment on.

It sucks not being able to take advantage of an FHA loan for my first home purchase, but I don't see myself moving soon because my entire family lives in LA.

What do you think? Is this a good idea? I’m