Beginner Starting Off w/BRRRR

[Tunde Osilaja]

Hi there -- I'm a relatively new RE investor (just closed on my first property in May), and I'm researching locations to begin building my portfolio of RE properties. My two options are: (1) =Continuing to invest locally in Chicago; (2) Investing out of state.

(1) Chicago  

Pros: Closer to me

Cons: Costlier market

(2) Out of State

Pros: Can find cheaper real estate

Cons: harder to manage remotely

Anyone have any thoughts?