You may want to find a good agent in the southern NH area as I'm hearing that market is prime for investment with people moving up from MA, but your other markets might be just as solid.Also, since you're already an agent, it's pretty easy to get your reciprocal license for NH or RI.

The two are almost entirely different markets in terms of price points, returns, tenant quality, and overall investing strategy.

I would still set aside money for renovations that are need based if you do that and use the rest to invest.

Welcome to investing in central Indiana!

. :)We definitely want to invest in true vacation rentals as well but this will be a good learning process with not as much risk to start.  

Hi Lina, I'd recommend finding a local agent that is familiar with the investment properties and law, permits, regulations for STRs/MTRs in Kyle, Texas. 

What is the best area in Birmingham to invest?

@Tannia CastroWelcome to the exciting world of rental property investing, Tannia!

I am in Los Angeles and investing in SE Wisconsin for the past few years. 

Your initial terms will vary based on your investment experience, but generally, you want to plan on needing 20% of the purchase price if you're a newer investor and the lender will cover 100% of the rehab.