Investment Direction for First Time Investor

[Refayet Anzir]

Hi guys, 

I am looking to invest in my first rental property with the goal of building a rental portfolio in the coming years. Bigger Pockets has been  a great resource of knowledge so far but the information on the internet is so overwhelmingly broad that I am finding it quite challenging to set up an action plan.

One of the places I have looked at is Roofstock to buy out of state properties in the affordable range within 100k. I am based out of Houston so Houston is also an option for me but I am willing to to look other cities and states depending on its future prospects.

If I could get some insights on what markets you have found to be the most appealing in recent time in terms job and population growth , stable rents and healthy returns , it would be a massive help for me find a starting point for doing my due diligence. I will mostly look at Turnkey Properties as I lack the experience and time to Rehab properties for better returns

Secondly,  due to the economic downturn and high unemployment rate overall I am feeling that we may see a housing crash some time next year. For a first time investor like me , would you suggest that I play the waiting game or am I overcomplicating things?

Thank you so much.

Refayet