All Forum Posts by: Tona Sanchez

Hi all, I’m looking to purchase my first out of state investment property and focusing on turnkey rentals to keep things simple. I’m targeting single family homes in the $100K-$150K range where I can put 20% down and finance the rest. While I’m relatively new to real estate investing, my main goal is to cash flow - even if it’s just a small positive cash flow to start.

I’m currently exploring Indianapolis, Cleveland, and Oklahoma City due to their affordable property prices and strong rental demand, but I wanted to reach out to this community for advice. Are these locations a good fit for my investment goals? Or are there other markets that you’d recommend for a first-time investor with my budget? 

Appreciate any insights - thanks in advance!