Rentals: condominium out-of-state

[David Avetisyan]

greetings!

As a SoCal resident, I can say that purchasing and renting condominiums is no problem. As a matter of fact, arguably, it's less of a headache maintaining it.

So with that said, I was wondering how feasible purchasing rentals would be in Milwaukee, Indiana, Chicago, etc. for 25 - 40k and renting them out with the intent of positive cash-flow.  

Look forward to the responses