Buying first multi family out of state

[Adam Lawrence]

I live in California and I am looking to buy my first buy and hold multi family. I'm thinking about a duplex or four plex. Prices here are very high. What are your thoughts about buying out of state or in another, less expensive market? I understand I don't know as much about the market, I just don't want to spend $550,000 for a four plex. Especially with rents of about $1,000 a unit.