Or should I take advantage of my low living costs and focus on investing out of state in a more affordable market?

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.

ask questions.also, you have to have money to invest. 

What are your thoughts on Cleveland as a place to begin investing and What areas would you recommend I begin looking at?

Here is my list of the most dangerous real estate related investments for the “non professional” investor lacking direct knowledge  and experience in these investments 1.

If the property can service the debt at 90% leverage between a senior 1st and the seller second, you're looking at a good investment!

I have an opportunity to invest in Little Rock, AR and wanted to get opinions on the area.

I don't know where to invest, really drawn to Columbus for many reasons (some cash flow and stable appreciation)--what's been some people's positive and negative experiences in Columbus? 

I’m new to real estate investing and looking for input.

People investing in Phoenix are seeking appreciation.