CA or out of state - 1st Property

[Tiffany Pham]

I've been doing extensive research, but I'm looking for input and personal experience. I recently finished my undergrad but haven't jumped into the job market just yet. As of now, I only have about $100K of cash on the sidelines and am currently self employed bringing in about $3k-$4k/month, but I'm looking into buying a property within the next year.

As you all know, real estate in CA is ridiculous so my question is: should I look into properties out of state to rent out or purchase a property here in CA? 

How tough is it to manage a property out of state? Or should I just wait it out until I find a full time position?

Any input/stories/recommendations are greatly appreciated, thanks!