First time rental purchase: instate or out of state?

[Shravan Gowrishankar]

I'm looking at properties mostly in the northwest where I live but other states (Texas for example) seem to have much better ROI and cheaper purchase prices overall. I would like some advice on what would be a good starting place . I'm mainly looking for sfr and duplexes.

[Account Closed]

I did out of state for my first one and it definitely is tougher than it seems, however it is still doable. The contractor is by far the most important component. Try reading David Greenes book, long distance investing and that should help quite a bit!