Investing in Louisville KY

[Ali Khalaf]

I am planning of buying a house to rent out somewhere in Louisville Ky but not sure where to buy it. I am trying to get some cash flow from this investment. I will buy the house cash for up to $140,000. then have a property manager handle the property since I have no experience  in this business and this is the first time I buy a house anyway. 

Any recommendation for what kind of property to buy and what area is bringing the best rental rate? 

[Pedro Martins]

Ali Khalaf you really need to put some more thought (or at least more detail in the post) before any answers are helpful. Let me ask some questions to guide you:
- are you planning to always keep 100% of the house or would you refinance after a while?
- are you focused on single family only or is multifamily an option?
- what is your risk profile?
- do you want a turnkey property or a property to rehab?
- do you want a property that is fully focused on cash flow or would you relinquish some cash flow for higher possibility of appreciation?

Reach out if you want to discuss further.