Buying property out of state?

[Drew Murphy]

Let me start out by saying, when I say out of state I mean within a 4 hour drive of where I currently am (ma) not across the country.

I’ve been following and reading a bit for the last few months and finally decided to make an account as I’m getting more serious about the idea of buying my first property. 
I’ve found some properties in neighboring states (with a management co) that aren’t in the greatest areas, but the numbers look good. Is this a bad way to start out? I can try to find something nicer and closer to me, but my thought is I can spend more money and a higher down payment and not as much cash flow vs buying 1/2 properties and spend less money down and have more cash flow. Does this ever make sense and work out? 
Think would go with a conventional loan vs a dscr loan. 

[Drew Murphy]

Quote from @Lien Vuong:

Higher cash flow and C/D tenant classes are a very common way for people start their investing journey. Some people will even stay in it and expand in those chosen markets. It is just important that you prepare for the additional capital expenditures as they tend to have higher turnover and management fees due to the volatility of those areas. In the long run, it certainly would work out as long as you have the right reserves in place. 

The reserves is a good point! I have x amount of dollars that i want to use to invest, if i finance some less expensive properties i would spend less on down payments, and have more reserves for repairs and future properties. id like to make my money go as far as it can!