First Out of state rental

[Wayne Mack]

Good morning All, 

I am currently located in the greater NYC North Jersey market and I am looking to close on my first multifamily rental property within the next 3 months. The market here is expensive and make it difficult for investors starting out. I have been thinking about having my first rental be an out of state property so I can get more for my money. I have been researching the Cleveland and Hreater Philadelphia area respectively. 

Any advice would be greatly appreciated. Thanks in advance