Advice: First Deal Living in a High-Dollar Market v. Out-of-State

[Eric Braxton]

Hi I am new to BiggerPockets and RE Investing in general. I am currently trying to soak up as much information as possible (books and websites) prior to looking for and trying to land my first single-family or small multi-family deal.

I ideally would like my first deal to be within or close to my current market/local, however, I live in a high dollar area on Long Island, NY and I am apprehensive of biting off too much to chew on the first one. Does anyone have any advice for either trying to find lower dollar deals in a high market or taking the plunge and looking for out-of-state/out-of-current local deals on the first go?