North Carolina $50K Properties?

[Edwin Lopez Reynoso]

I am fairly new/new to real estate and I have a bit of cash saved up. Unfortunately I can't do much with $7K in California. However I looked for properties in North Carolina and I found many properties in Winston-Salem/Greens Boro area. 

I do not plan to move there, I am fine in LA for now. I would like to buy and hold the property and ideally have some tenants. In other words, I want to invest in properties/rentals. 

I wanted to ask, has anyone invested in that area (for rentals)? Any feedback, answers, or concerns to watch out for would be highly appreciated. 

[Jay Hinrichs]

Originally posted by @Edwin Lopez Reynoso:

@Jay Hinrichs Thank you for the tips. Being wiped out is the last thing anyone wants. As of today, I plan to expand my knowledge by learning from the forums & connect/network. I am saving more capital and hopefully by the end of the year Il make some moves.

sounds good..  there are two sides to all of these posts.. you have the RA RA RA go for it come invest here posts.. and then you have post that try to talk a little bit more conservative and mention the other parts of owning real estate rentals.. ESPECIALLY low value assets clear across the country..  for locals they are fine and most self manage and have uber control of them.. but a LA resident with a one off sub 50k home there is a lot of risk in those types of properties and investments.. and the folks selling them to you are well not really talking about the down side risks.. why would they there job is to make a sale..