New investor in CA, looking to invest in the midwest

[Courtney M.]

Hello! I joined BP just last week.

I've been casually reading some of the Rich Dad type books for several years - my husband and I are now finally in a position to consider real estate investing and I'm excited to be part of the community as we start our journey.

I live in southern California but intend to invest in the midwest where real estate prices are slightly more, ahem, reasonable. I intend to purchase at least one multifamily property in the next 6 months and hope to scale up in a consistent way. I plan to buy and hold my properties. My goal is to create enough passive income in the next 5 years to quit my day job (about $10k/month in cash flow).

I would love to connect with other Michigan-based experts and investors, and am certainly open to other areas of the country. We have about $20k to invest right now so we're eyeing about a $100k initial buy.