Investing in a non-local market

[Richard S Myers]

I’m just trying to get my foundation in real estate investing. Just under a year ago I attended one of the “rich dad” seminars and bought the “home study pack” which had several books and a lot of good information.

I'm living near the Salt Lake area where most SFR are above the 200k and sometimes near 300k. I'm wondering if it's possible/plausible to invest in a cheaper market for cash flow, from a distance.

Thanks in advance.

Richard M.