Anyone from Chicago Illinois invest in Indiana?

[Juan Mendoza]

Hello, Everyone. I live in a suburb of Chicago and I'm about 2 hours away from Indiana. Anyways I was looking at the real estate prices in Indiana and in they are surprisingly low! I saw some houses in very good shape for around 50,000. To be honest, I have not looked at the rent prices, but rents can only go so low or their property taxes. Once I'm ready to invest would it be a bad idea to invest in Indiana? I know that you should start investing in your own neighborhood especially if you are a newbie. What do you guys think? did any invest far away for their first deal? Has anyone from Illinois invested in Indiana?

[Jaclyn McClellan]

You have to commit to learning about the market just like you would in Chicago. Home prices may be cheap but you have to run the numbers and see if the cash flow makes sense. I don't think it's a bad idea though! I have considered it myself