newbie investor - Should I consider out of local area investing?

[Orlando Hernandez]

Hi,

I'm currently in the educational process of my investment career.  I'm researching different niches and strategy.  I'm analyzing different properties locally.  I'm honing down on single family homes and rental properties.  

I haven't pulled the trigger yet but I'm getting close to it.  During my research, I also took the time to compare properties in a different city.  The market is completely different and from a numbers stand point it looks much better.

Should I consider properties out of my local area, same state, different city 50-200 miles away? 

Should I find something locally, even if it is a tighter market?  

I do think that "if its a good deal", it'll be a good deal here or anywhere else.  So I'm leaning towards local.  A 15% Cash on cash return is 15% anywhere.

I've read a lot and most of my reading does say to stay local, at the beginning at least, but i'm curious to hear your feedback.