Hey Marie, that’s awesome that you’re looking to get into real estate.I run a wholesale business in South Florida and a few other states as well.

I bought a house in Michigan in 2001 and the same tenant has been in it for over 24 years now.

of course i will say MI - but agree the midwest is best for cash flow and cost of entry.

@Kevin M.

I was just talking to one of our property manager partners in Michigan about this and they take over properties for out-of-state investors that have gotten burned by someone selling a "turnkey" opportunity and our property manager partner was going in to stabilize another property for an investor.The issue with "turnkey" opportunities is you have not had input on rehab decisions and quality, tenant quality, or lease quality--leaving a lot of risk on the table.It is just as easy to work with an investor friendly Realtor in the market you are interested in that can refer you to all the members of the team you will need and there are several markets in Michigan in that price range.To Your Success!

@James Jones well said - I own a title company in MI and totally agree with you on these points.

I'm going to share  this last bit of "hail Mary " , I SO MUCH appreciate your advice & taking the time to respond.

Cal but NC, Texas, Michigan seem like good markets

You recently discovered Debt Service Coverage Ratio or DSCR loans.You are self-employed and have about 30K to put down and wonder what markets would be good to invest.There are several markets in Michigan that provide good cashflow and appreciation and would allow you to purchase with what you have to put down or less.

Hi @Kenneth Ye, I agree with @Mary Jay the fact that you have 100k equity is great!