Hello @Tove Fox,You are not investing in a state, you will invest in an individual city.

After that initial down payment, the bank will basically be financing your investments.

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

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.

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

. :)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.  

Welcome to investing in central Indiana!

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?

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