Investing Out of Area-First Deal

[Jared Baker]

Hey BP.  Need your opinion.

I would like to purchase my first investment property this year.  However, the area that I have moved to due to my job, doesn't have any deals that really make sense.  My question is, is it a bad idea to invest out of my area?  The area that I would think about doing is the town that I grew up in.  About a 2 hour drive from where I live now.  The numbers up in that area make way more sense and are much better deals.  My parents live in the area so if something needed to be looked at immediately, in a pinch I could get my dad to take a look.  But most likely this will be a pure investment opportunity not a house hack, because driving 2 hours to work doesn't make a whole lot of sense.  As I said before, this will be my first deal.  I would like to do as much management myself as possible as I go to my parents on the weekends at least 2 or more times a month.  What are your thoughts.