New investor looking for cash flow multi-family

[Praful S.]

Hello,

I'm starting to look at multi-family, apartment buildings as investments. However, I'm not sure where everyone starts their search? I do have a full-time job so I would like something turn-key or mild reno and that can be managed by a professional company. I'm from NJ and finding deals here on such properties is virtually impossible (I could be wrong), so I'm starting to look at more affordable and possibly cash flow positive investments in Dallas, Philadelphia, Raleigh area (on loopnet!). I have saved up for a down payment and could possibly get a commercial loan for about 800K. What do you guys recommend for

1. First point of starting my search (loopnet?)
2. Overall markets that you recommend for multi-family investment that can be handled long-distance Philly, Dallas, Houston, mid-west?. 

Thanks

[Percy N.]

@Praful S., what are your goals for this investment?

How actively involved do you want to be?

If you are looking for a passive investment, have you considered joining a syndication?

Shoot me a note if you are interested and I can share how I got started.