Newbie and Turn key vs Own Rental question

[Vee Turato]

Hi everyone

New comer on the blog and at real estate investing! I am listening to podcasts one by one and reading blogs, so many great minds and experience here in one place! Real pleasure to listen/read.

NJ/NY areas, being notoriously pricey, I am trying to see if anyone has any advice for a first investment for about 30K in down payment available.

I have been reading about HUD homes as an option, and foreclosures as well, however I'm not sure about foreclosures as a first home investment..

Also, due to better pricing in other areas, turn key in another part of the country is intriguing. I was looking at REI nation and other companies like Memphis Invest and similar and reading blogs about them.

Although I am leaning towards purchasing locally to gain some hands on experience, I am deterred from the high prices in my area. I would appreciate getting some thoughts and opinions from all you pros out there.

Thank you and appreciate it all

Vee