Investing Out of State

[Gonzalo Gonzalez]

I'm new to BP and new to investing. I do have a mortgage background and currently do hold my MLO license in CA. I live in Santa Barbara, CA and for someone that does not have a lot of capital, Santa Barbara can be a difficult place to invest especially for someone that is just trying to get started, or so I've been told. I've heard that investing in other counties or out of state might be a better strategy, but then again, that leaves many unknowns as well.

What advice would you give someone starting out in an inflated market?