I’m looking at liquidating my 457 (around $200k) to purchase my first RE investment property, ideally in the Nashville market.

Look for cities that could be the next Nashville or Austin where the median price is on the lower side.

I live in the Nashville TN area. 

I'm in Nashville and am about to start some marketing of my own.  

Cities like Austin, Nashville, Philly, Chicago, etc, have no where near the allure. 

Louis Missouri 317,419 http://www.trulia.com/real_estate/Saint_Louis-Missouri/market-trends/ Newark New Jersey 280,579 http://www.trulia.com/real_estate/Newark-New_Jersey/market-trends/ Albuquerque New Mexico 557,169 http://www.trulia.com/real_estate/Albuquerque-New_Mexico/market-trends/ Houston Texas 2,239,558 http://www.trulia.com/real_estate/Houston-Texas/market-trends/ San Antonio Texas 1,436,697 http://www.trulia.com/real_estate/San_Antonio-Texas/market-trends/ Dallas Texas 1,281,047 http://www.trulia.com/real_estate/Dallas-Texas/market-trends/ Austin Texas 912,791 http://www.trulia.com/real_estate/Austin-Texas/market-trends/ Fort Worth Texas 812,238 http://www.trulia.com/real_estate/Fort_Worth-Texas/market-trends/ El Paso Texas 679,036 http://www.trulia.com/real_estate/El_Paso-Texas/market-trends/ Arlington Texas 383,204 http://www.trulia.com/real_estate/Arlington-Texas/market-trends/ Corpus Christi Texas 320,434 http://www.trulia.com/real_estate/Corpus_Christi-Texas/market-trends/ Plano Texas 278,480 http://www.trulia.com/real_estate/Plano-Texas/market-trends/ Laredo Texas 252,309 http://www.trulia.com/real_estate/Laredo-Texas/market-trends/ Lubbock Texas 243,839 http://www.trulia.com/real_estate/Lubbock-Texas/market-trends/ Garland Texas 235,501 http://www.trulia.com/real_estate/Garland-Texas/market-trends/ Irving Texas 232,406 http://www.trulia.com/real_estate/Irving-Texas/market-trends/ Norfolk Virginia 245,428 http://www.trulia.com/real_estate/Norfolk-Virginia/market-trends/ Birmingham Alabama 212,247 http://www.trulia.com/real_estate/Birmingham-Alabama/market-trends Montgomery Alabama 200,481 http://www.trulia.com/real_estate/Montgomery-Alabama/market-trends Los Angeles California 3,928,864 http://www.trulia.com/real_estate/Los_Angeles-California/market-trends/ San Jose California 1,015,785 http://www.trulia.com/real_estate/San_Jose-California/market-trends/ San Francisco California 852,469 http://www.trulia.com/real_estate/San_Francisco-California/market-trends/ Oakland California 413,775 http://www.trulia.com/real_estate/Oakland-California/market-trends/ Irvine California 248,531 http://www.trulia.com/real_estate/Irvine-California/market-trends/ Fremont California 228,758 http://www.trulia.com/real_estate/Fremont-California/market-trends/ Huntington Beach California 200,809 http://www.trulia.com/real_estate/Huntington_Beach-California/market-trends/ Denver Colorado 663,862 http://www.trulia.com/real_estate/Denver-Colorado/market-trends/ Colorado Springs Colorado 445,830 http://www.trulia.com/real_estate/Colorado_Springs-Colorado/market-trends/ Aurora Colorado 353,108 http://www.trulia.com/real_estate/Aurora-Colorado/market-trends/ Washington District of Columbia 658,893 http://www.trulia.com/real_estate/Washington-District_Of_Columbia/market-trends/ Atlanta Georgia 456,002 http://www.trulia.com/real_estate/Atlanta-Georgia/market-trends/ Columbus Georgia 200,887 http://www.trulia.com/real_estate/Columbus-Ohio/market-trends/ Chicago Illinois 2,722,389 http://www.trulia.com/real_estate/Chicago-Illinois/market-trends/ Aurora Illinois 200,456 http://www.trulia.com/real_estate/Aurora-Colorado/market-trends/ Des Moines Iowa 209,220 http://www.trulia.com/real_estate/Des_Moines-Iowa/market-trends/ Louisville Kentucky 612,780 http://www.trulia.com/real_estate/Louisville-Kentucky/market-trends/ Lexington Kentucky 310,797 http://www.trulia.com/real_estate/Lexington-Massachusetts/market-trends/ Baltimore Maryland 622,793 http://www.trulia.com/real_estate/Baltimore-Maryland/market-trends/ Boston Massachusetts 655,884 http://www.trulia.com/real_estate/Boston-Massachusetts/market-trends/ Detroit Michigan 680,250 http://www.trulia.com/real_estate/Detroit-Michigan/market-trends/ Minneapolis Minnesota 407,207 http://www.trulia.com/real_estate/Minneapolis-Minnesota/market-trends/ Saint Paul Minnesota 297,640 http://www.trulia.com/real_estate/Saint_Paul-Minnesota/market-trends/ Omaha Nebraska 446,599 www.trulia.com/real_estate/Omaha-Nebraska/market-trends/ Lincoln Nebraska 272,996 http://www.trulia.com/real_estate/Lincoln-Nebraska/market-trends/ Jersey City New Jersey 262,146 http://www.trulia.com/real_estate/Jersey_City-New_Jersey/market-trends/ New York City New York 8,491,079 http://www.trulia.com/real_estate/New_York-New_York/market-trends/ Buffalo New York 258,703 http://www.trulia.com/real_estate/Buffalo-New_York/market-trends/ Rochester New York 209,983 http://www.trulia.com/real_estate/Rochester-New_York/market-trends/ Yonkers New York 200,667 http://www.trulia.com/real_estate/Yonkers-New_York/market-trends/ Charlotte North Carolina 809,958 http://www.trulia.com/real_estate/Charlotte-North_Carolina/market-trends/ Raleigh North Carolina 439,896 http://www.trulia.com/real_estate/Raleigh-North_Carolina/market-trends/ Greensboro North Carolina 282,586 http://www.trulia.com/real_estate/Greensboro-North_Carolina/market-trends/ Durham North Carolina 251,893 http://www.trulia.com/real_estate/Durham-North_Carolina/market-trends/ Winston–Salem North Carolina 239,269 http://www.trulia.com/real_estate/Winston-Salem-North_Carolina/market-trends/ Fayetteville North Carolina 203,948 http://www.trulia.com/real_estate/Fayetteville-North_Carolina/market-trends/ Columbus Ohio 835,957 http://www.trulia.com/real_estate/Columbus-Ohio/market-trends/ Cleveland Ohio 389,521 http://www.trulia.com/real_estate/Cleveland-Ohio/market-trends/ Cincinnati Ohio 298,165 http://www.trulia.com/real_estate/Cincinnati-Ohio/market-trends/ Toledo Ohio 281,031 http://www.trulia.com/real_estate/Toledo-Ohio/market-trends/ Oklahoma City Oklahoma 620,602 http://www.trulia.com/real_estate/Oklahoma_City-Oklahoma/market-trends/ Tulsa Oklahoma 399,682 http://www.trulia.com/real_estate/Tulsa-Oklahoma/market-trends/ Portland Oregon 619,360 http://www.trulia.com/real_estate/Portland-Oregon/market-trends/ Philadelphia Pennsylvania 1,560,297 http://www.trulia.com/real_estate/Philadelphia-Pennsylvania/market-trends/ Pittsburgh Pennsylvania 305,412 http://www.trulia.com/real_estate/Pittsburgh-Pennsylvania/market-trends/ Memphis Tennessee 656,861 http://www.trulia.com/real_estate/Memphis-Tennessee/market-trends/ Nashville Tennessee 644,014 http://www.trulia.com/real_estate/Nashville-Tennessee/market-trends/ Virginia Beach Virginia 450,980 http://www.trulia.com/real_estate/Virginia_Beach-Virginia/market-trends/ Chesapeake Virginia 233,371 http://www.trulia.com/real_estate/Chesapeake-Virginia/market-trends/ Richmond Virginia 217,853 http://www.trulia.com/real_estate/Richmond-Virginia/market-trends/ Seattle Washington 668,342 http://www.trulia.com/real_estate/Seattle-Washington/market-trends/ Spokane Washington 212,052 http://www.trulia.com/real_estate/Spokane-Washington/market-trends/ Tacoma Washington 205,159 http://www.trulia.com/real_estate/Tacoma-Washington/market-trends/ Milwaukee Wisconsin 599,642 http://www.trulia.com/real_estate/Milwaukee-Wisconsin/market-trends/ Madison Wisconsin 245,691 http://www.trulia.com/real_estate/Madison-Wisconsin/market-trends/From here I would click on a city of interest.

I co-hosted a 2 day marketing event in Nashville, and the subject came up about how to get comfortable talking to sellers (for people that wanted to improve their skills).