Finding the first deal

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What things Ine should look fIr before pulling trigger on first deal!! How to select a city? What to look for before selecting a property(other than budget)? How to know rental vacancy? How to know the local market ? All when you are not local....

@Divya Pratap that is a lot of complex situations.  Generally you want to pick as table or growing city. This means jobs. Jobs and population growth are key to picking a good city. 

Is the city dependent on 1 or 2 major employers? That is a risk if one goes away. Lots of different employers in different industries is much better. Are there new jobs coming? Talk to the chamber of commerce. 

You learn rental vacancy by networking with other investors from the area. There may be sites or services that will give you a vacancy number. Google is your friend.