I would try to simplify it and look at where you are today and not so much where you think you might be in a couple years. I think it would be much harder for a new investor trying to get started by investing out of state than it would be for an experienced property owner to transition a property over to third party management. You would always have the option to simply sell the property when you moved also. Another thing to consider is financing. Owner occupied financing is going to come with more attractive rates and lower down payment requirements. I mean you have to live somewhere anyway right?
If you still are still undecided after considering those factors, I would compare both markets. If one is much better than the other for multifamily properties that could be the deciding factor. Good luck starting out on your real estate investing career!
Thanks a lot bud. I think you are right. I would pro hve too much of headache trying to buy out of state