Hello Madison! What area make sense.

[Anthony ORourke]

Greetings.  My name is Tony and I am brand new to the BP community.  

I am looking to invest in my first rental property in the next few months.  My first property I would like to look at would be no more then 50k.  I know I can't reach that near Madison but if I expand out a bit there are opportunities for properties.  What have other folks experienced?  I am also curious of how far people are willing to travel to rental properties if they do not have a property manager.  Any info would be greatly appreciated!  Thank you!