I am a newbie looking at making an out of state purchase to begin the path towards building a real estate portfolio. Los Angeles is cost prohibitive to where I can be cash flow positive. However, out of state has presented some good opportunities. I was looking at using home equity to make the initial investment. Am I missing something else here and would a condo be a better play vs a single family home? Thank you for all of your help!
@Richard V. SFH are better investments since you own the land, no one will control who is moving in your house, you will not need to pay for any utility for the tenant, also on Condos you will need to wait until the association approve your tenant or your buyer