New member from California--Want to Invest in St. Louis, Missouri

[Michelle Eisenberg]

My name is Michelle. I'm new on Bigger Pockets and to the world of real estate investing, but I am eager to learn and get started. I have been reading as many books on real estate investing as I can find in the library, and I've been listening to the Bigger Pockets podcasts on all of my commutes.

Investment Goals:

I live in the California Bay Area, but I'm looking to invest in St. Louis, MO due to the generally lower prices. I lived in St. Louis for 10 years, so I know many of the neighborhoods. I'm primarily interested in small multifamily properties, but if I found a single family home with a decent ROI I'd be interested.

Specific Goal: I'd like to buy my first small multifamily or single family property within the next year that nets at least $2000 a year after expenses and mortgage payments.

Currently Working On:

Step 1: Finding a real estate realtor/broker with experience working with investors in the St. Louis area

Step 2: Finding a property manager that I can trust to take care of my property while I'm in California

Step 3: Buying a small multifamily or single family property at or under $100,000 (with 25% percent or less downpayment) in the St. Louis, MO area.