New to investment- need some help on where to start

[Neetu Nagi]

I am a single mother living in nation most expensive ZIP Code in Silicon Valley where buying is definitely out of the question for me at this point of time. I am currently renting a house and is looking to invest in rental business out of California. I looked into some properties in Miami Florida below 300 K with 25% down and after all the expenses and mortgage monthly cash flow was $200. Question to all the followers are is this a good deal? Or should I look into investing in some other state with 100k? Do I have to put 25% down or is there anyway If I can put 10% or less as a down payment? Pls advice.

[Benson Gee]

@Account Closed I am from the Bay Area too! Thanks for the info about Columbus OH! I will be looking towards those areas too!