Account Closed Hi Mario, while it may seem like a safer choice to invest locally in your own market, I continue to hear from Investors interested in investing out of state because they are looking for better buy-ins and greater cash flowing markets.

If they go to John's Hopkins, they're smart people and most likely understand your point of view. 

You have to be smart about finding the right property, but so much of the learning (unfortunately) will be done in real life experiences- for me anyway.

Just buy it smart. 

Isabella,CAP rates are too low in Phoenix and a lot of the smart money is being invested out of state.  

It is a investors choice however most on here are tired of hearing it.

Worked hard, pride of work (sent me photos of his tasks not to inform me of the progress but because he was proud of the job), great attention to detail, could research what he did not know (smart). 

Your property valued at $400K with a potential rent at $2400 is a very poor income invest property choice.

The official term for SEC8 is the Housing Choice Voucher - with choice being the operative word.  

Thanks for the reply, however, as I mentioned my plan is to smart small.