Starting with a remote investment.

[Maximilian Kislevitz]

Hello! Discovered BP about a month ago and have since listened to about 30 podcasts. Figured it was about time I started engaging with the community. I have about 1000 questions. But figured I'd start with my most pressing. 

Is it wise to invest for the very first time out of state? 

I live in Los Angeles where properties are prohibitively expensive, even if I were to use an FHA loan. Speculating here. But suspect a property in Denver or Austin might have a higher chance of appreciating. And could pick up a property for far less.

Really appreciate any thoughts and / or anecdotal examples.