Where is the best buy 50k Investment?

[Account Closed]

Where can I buy a good rental property to pay in cash for $50 k ? I'm a new Investor. This will be my first property

[Cody L.]

Originally posted by @Account Closed:

@Mark Kenny

hello ! Thanks for the response.

I'm from San Diego , California it is very expensive to invest here . So I'm thinking out of state . Just not sure how to go about it . I don't like to finance cause I  just want to free and clear property. I've been reading about Columbus and Cleveland Ohio is good to invest ?  that will be out of state . 

I also live in San Diego.  If I had $50k to invest, I wouldn't buy a $50k property, I'd buy two $100k properties with 20% down on each (and have a $10k buffer).  

You'd have $200k of properties that will give you appreciation 4x more than the $50k price.