Out of state Investors, Ohio, Buffalo, Philadelphia

[Naeem Boucher]

All,

I currently have one two family property in Paterson NJ which I bought one year ago for 170k.  The property is now cash flowing $1k a month but the only problem is the market has increased a lot which makes it tough to continue to invest in this area.  Which is why I am now considering investing out of state.

If anyone has any advice, tips or anything they can share from their experience investing in these areas I'm all ears.  Im looking to buy something for 40k-85k.  Ideally hoping to cashflow at least $500 after expenses.  Let me know if this is realistic. Thank you.