New to Real Estate Investing - Westchester, Malvern, Pottstown, PVille, KOP

[Robert Fish]

Hello everyone - I am new to real estate investing and currently looking to purchase my first investment property. I would love to connect with those who have some experience as I am in need of guidance! I am looking to invest in the areas listed in the title of this post since these are closest to my home currently, so if anyone may have some knowledge on these markets they would like to help with/share, I am all ears. At the moment, I am looking to invest in a multi-family property and I would plan to live in one of the units. One of my questions that I keep going back and forth with in my head is if I should be looking for a property that will guarantee me cashflow, or should I look for one that will have good appreciation down the road. Open to any suggestions/examples/ideas! 

Aside from real estate investing, I am also looking to switch my W2/day job to something more on the real estate side, to hopefully gain more knowledge when it comes to investing.

Thank you in advance and I look forward to connecting with you all!

Bobby

[Robert Fish]

@Wale Lawal

Thank you so much for your response! It has been tough unfortunately finding properties that aren't in "bad" areas that have positive cash flow let alone break even. There are options out there for cheaper properties however they are in pretty rough areas and would need some decent renovations. I am willing to do renovations to a certain extent but would want them to be on a property that is located in a better area. I agree cashflow would be the primary goal right now along with finding a new position/job. Do you have any experience as a leasing agent, PM assistant, or analyst? I'd love to hear more of your thoughts!