Living in SoCal. Should I buy around the country and hire PM, y/n

[Jonathan Jaime Velarde]

Happy Saturday!

In about a year I will be back in Ventura County, CA and will be saving up towards buying my first property. I will be attending school w/ the Post 9/11 GI bill for free, working in the family business, and living at home saving tons of $$$. 

Would it make sense for someone buying their first property to buy in a hot market like Denver, Memphis, Indianapolis, San Antonio, etc. and hire a PM company to run the show. Obviously I would do my due diligence and have a good exit plan in place, but I just want some input from my established investor friends. 

Any comment is great information so please feel free to share. I appreciate your advice as I am a learning REI.

JV