the first property I purchased was in Cleveland back in 2005 a single family that I purchased for  22k cash and i rehabbed it after work and on weekends this property was in the hood I put 12k in it put a tenant in and sold it for 79k to investor who an real estate agent referred me. 

I am open to local primary residences for house hacking or out of state investment properties in high rent low house price markets.Thank you all for your help!

Congrats on getting your first investment property up and running. 

Small town lender familiar with the property.

Just make sure to check local zoning for mixed-use properties before you dive in. 

My family recently inherited several rental properties.

Definitely run a title report on the property.

Sounds like the BRRRR method could be a could way to go about that if you're open to properties that need some TLC as opposed to ones that are turnkey. 

There, you'll find detailed information on investing, both in general and specifically in Las Vegas.Before I continue, note that unless otherwise noted, the charts only include properties that match the following profile.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garage, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below is from the MLS and includes ALL property types and price ranges.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthInterestingly, September saw a rent increase MoM ($1.21/SF vs. $1.18/SF), bucking the traditional seasonal slowdown trend.

Goal: I’d like to buy my first rental income property in the next year.