Asking price is $475,000 and it's a 3BR home with a separate entry 2-3BR in law sweet downstairs.

In no particular order I have listed some of the most popular markets for out of state investorsCleveland, OhioDayton, OhioToledo, OhioYoungstown, OhioCincinnati, OhioMemphis, TennesseeBirmingham, AlabamaHuntsville, AlabamaKansas City, MissouriSaint Louis, MissouriIndianapolis, IndianaDetroit, MichiganErie, PennsylvaniaLouisville, KentuckyMilwaukee, WisconsinJackson, MississippiEach of these markets is popular with turnkey investors because of the low barrier to entry, high rental demand & high rent to price ratio.

There are 100% brokerage options I might pursue for easier barrier to entry (no broker's license required).  

@Joe A Warner it absolutely does lower the entry point to investing, and it sounds like you should be able to live rent free.

From what I can tell and have heard a lot of the Meetups groups are very entry level and run by people/entities looking to prospect for one thing or another.

I own several in Woonsocket and can attest that the cost of entry is definitely more attractive in Woonsocket.  

After more reading on BP I see most people recommend going for MFHomes with FHA as a great entry if low on down pay costs.

The typical American homeowner has spent 13 years in their home, up from eight years in 2010, as more households are choosing to age in place.The supply of entry-level homes is also well below historical levels because during the foreclosure crisis, investors bought millions of distressed properties and turned them into rentals.

Those are HOT markets with entry level to High-end (92506) homes all within a couple of miles.I personally stay at the entry level SFR since it's what moves fastest.

There are a lot of entry points if that is what you would like to do.