@Shawn NofzigerHi Shawn,I came across your post and while I am a long way from Lansing, I work with a ton of new and aspiring investors and the challenges they have getting from idea to action. 

Hi Anthony-You currently live in NJ and are looking for out-of-state locations that are affordable with strong rental potential.I would look at a market like Lansing, MI.

I'm out of Lansing, MI and we are a great market for cash flowing, $150k - $200k type 2-4 unit properties.

In a market like Lansing, Michigan, you can get a duplex for $150K or under.

Hi Steven-Great questions and congratulations on having $100K cash to invest in real estate.Your goals are cash flow, appreciation, and long-term holds.You asked about strategies and suggestions for locations.I would invest in two duplexes so you always have income coming in, in Lansing, MI for about $140,000 each.

My rentals are in Lansing, MI, I do not want to worry about leasing them out in the winter.

This is the profit from a quick flip we did on a REO and A DIL that we have in Lansing MI that is currently listed for Rent / sale other properties/notes may or may not be so profitable but we are happy with the process so far.

@Kin Lay  One was in Milwaukee and the other was in Lansing MI.

A market like Lansing, MI is a great place to look for duplexes and fourplexes that cashflow with strong tenant demand.To Your Success!

Anyone know of a home owner's insurance company covering Lansing Michigan area for a 4 unit with additional accessory unit for a rental built in 1917 ?