Beginner Investor in Greater Boston Area

[Adi Oturkar]

I have been doing some research and decided to invest in real estate in Greater Boston Area. Budget - 250-350K With this low budget in the costly metro area, I am thinking of areas such as Attleboro, Worcester, Lowell, Fall River. My goal is to have a positive cash flow and get good appreciation on the property.

My first question is, am I focusing on the correct cities or should I wait to build more cash and buy it closer to Boston? 

Which other cities fit my budget?

Also considering the elections are ahead of us, is it a good time to buy? I know there's never a good or bad time but I am looking for some experienced people to weigh in. In the worst event of market crash, would I still be able to draw the cash flow? 

[Nick Earls]

It seems you've already honed in on some of the best markets for your situation.  If you want cash flow, stick to the cities on your list (you can also consider Fitchburg or Lawrence if you're willing to deal with rougher areas).  The closer you get to Boston, the less likely it is you'll find a cash flowing deal. 

Lowell and Worcester are probably the safest bets for some modest appreciation potential while you still cash flow.