Read David Greene’s book on out of state investing called “Long Distance real estate investing” published by biggerpockets.

There you're looking in the 400s and 500's.Two points not mentioned here is whether or not the property has a green card from the state.

This helps keep you in the green. 

I've got a green light for as much overtime I want. 

It wouldn't set us back much in future acquisitions since so little down would be required, and as long as we can account for all expenses and still break even or be a little green every month I think it still furthers our goal.

I'm from green bay Wisconsin, and i work a boring mill job but have only a car payment for debt and want to create a path of success for me and my future family.

I am trying to do everything David Greene talks about in his book.

I am trying to do some researcher to determine if it makes more sense to do option 1 or option 2:Option 1: Out right purchase a property for say $25K and make gross revenue of $650/month ($7800/year) which would equate to about a 3-4 year payout before your in the green.

You paying for Lawn service atleast keeps the grass green and cut.

Check out @David Greene 's book on Long-Distance Real Estate Investing.