Better to buy out of state and rent it out or buy a place for me?

[Nancy Lucca]

I’m trying to decide if it’s better for me to buy something out of state and rent it out or is it better to buy a place for me to live in. I live in California and the rent goes up $100/a year for my 2 bedroom apartment. I’ve heard that’s quite conservative for my area. Been at my current place for 2 years and really don’t want to stick around for another $100 rent increase coming in March 2019.