Also, look for markets that have the following:* Growing populations* Growing jobs* Modern/diverse economies and industries* Both pubic and private capital investment in development projects* Low/moderate property taxes* Favorable landlord/tenant lawsOnce you've identified some markets, you can start evaluating turn key companies.

New construction is nice, but has a longer time frame than a light-moderate remodel for a rental, so it depends on what speed and goals you are wanting to achieve in your desired time frame. 

Credit to @jon holdman (He's a bigger pockets moderator so this definition is probably pretty solid)

I've done moderate reading and educating myself , but im really looking to speak to an experienced investor to help guide me.

Lastly, I will be the moderator of a panel at the new SJREIA Middlesex meeting on August 31st. http://sjreia.org/Events.aspx?

One will certainly be easier to manage over the other and likely bring less headaches.If you look at the flip side, you could also purchase a condo for less than $100,000 with a moderate HOA.

I am interested to hear more.Tuesday 2:30-3:30: How to Invest Using Tax Liens with my friend and fellow @Moderators @Ned Carey who I am looking forward to meeting in person.

For example a downtown area with a large financial services presence would have luxury high rise apartments and high income residents whereas uptown an area with a large industrial base would have low to moderate income residents and lower quality, lower priced housing.

Moderate 1300 $ 2.00 40 $ 20.00 $ 3,400.00 Tile Floors Installation of tile into BRs.

Moderate 1100 $ 2.00 20 $ 20.00 $ 2,600.00 Tile Floors Installation of tile into BRs.