Buying Out of State in the KCMO area, from Bay Area CA

[Kevin G.]

Hello all,

I know first time investors post the same generic questions here all the time , and this may be another one , but I'm very interested in investing in real estate. I have been researching a lot, reading books, and really trying to educate myself. Currently im 25 and renting an apartment here in the Bay Area, CA. My market is pretty tough for cash flowing properties. My original plan was to buy a home, live in it for 2 years with my fiance, and then move and rent it out in hopes of buying something else. Next option Is to house hack with a duplex. There is very little selection in my area for duplexs so I'd have to look outside of town (1.5 hours away in the Sacramento Area) adding a long commute for me. I know if the deal is right the commute would probably be worth it.

I'm also interested in investing out of state due to my market being so high. Specifically Missouri, outside Kansas city. My sister lives in this area as well. The Rents seem very strong along with appreciation. I have enough to put 20% down on a property , and I'm willing to put in the work to find a PM, good realtor, and overall a good team. Eventually I plan to leave California but not until later down the road, and I'd like to live near my sister. Having my sister and her husband near the properties would be beneficial as well. 

Is this a wise choice for a first time REI in the Bay Area ?