@Jasraj Singh Looks like you have a bunch of great responses to your question. This is a great place (forum) to start asking these questions and connecting. To answer your question about a job, having a w2 job does give you some benefits as to what you were speaking of in terms of a loan however most loans require that you be on your job for 2 years as they want to see that stable steady income so that's one disadvantage. One advantage is yes you can become leveraged with a loan and would not have to use all of your money for a purchase. Yes you get more cash flow from midwest markets like here in Kansas City as compared to other markets out east or west because the market is prime for rentals and the cost to entry is way lower. A lot of times depending on the type of property, investors can purchase 2 cash flowing SFH compared to the price of 1 in some other bigger markets. Cheaper to purchase which in return gives you more cash flow due to the rental rates as they keep rising. Also yes u should always get with a local professional as they can help with the purchase, paperwork, finding the right areas and property managers etc. A good Broker/Agent is a vital when investing long distance!
