Advice Needed: Expensive market house hack(VA loan)

[Julian Hutch]

Team looking for some advice. I live in the Seattle,WA area, great for appreciation but home prices in the 300s are considered cheap. I have a primary home and a duplex rental in the area and am looking to expand. I recently refinanced to free up my VA loan, so I can get into a property with very little out of pocket. I have been looking for up to a 4 unit but with 0 down I'm running into a hard time finding a cash flowing property.Typical cap in the area is about 5%. I don't want to get into something that has negative cash flow and the only hope is appreciation. I have agents that invest and some decent contractor contacts (even considered getting land and spec build with Adair house a duplex) but again am running into the prospects of negative cash flow and speculating. This has me exploring the option of doing a slow flip and getting another SFH and slow flipping with the VA loan year after year. For the record my goal is to flip 1-2 properties a year and get a Long term rental every 2 years or so to build out my portfolio. Any advice on house hacking in an expensive market and what properties they target to get the best return?? Looking forward to the discussion