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Updated about 5 years ago,
Decided To Out Of State Invest
I've been ramping up for my first purchase, and at 30 years old I'm kicking myself in the *** for not getting started sooner/being fiscally irresponsible in my 20's. With that said, I've pretty much gave up on the idea of buying in Chicago due to how much capital it's going to take to get as many deals done as I'd like. I have my sights set on investing out of state and I've been looking at cities like Detroit, Cleveland, Indy, & KC. I was wondering if anyone has any opinions on which one of these you'd prefer over the other. To give you a better idea, I'm focusing on buying multi family buildings in neighborhoods with high potential for gentrification. The lower the cost for property, the more rapidly I can make purchases as capital comes in from my primary job.