Out of State purchase

[Jack Taylor]

I live in Chicago, but I'm considering purchasing my first investment home in Kansas City for price purposes (obviously generally much cheaper in KC). Does anyone have suggestions or any advice about doing this (i.e., "don't do it as a first purchase")? I'd like to have a place near me ideally, but multi-unit buildings in decent neighborhoods aren't all that cheap, so I'm looking in other cities like my hometown.