This program applies to single family homes, condos, 2-4 units and PUDs.

@Sephr BemanpourRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

The values listed may not match the total acquisition cost, but the proportionate ratio between the land and improvement values can be applied to the final purchase price for income tax purposes.Commission a full-scope land appraisal: Another option is to commission a full-scope land appraisal.

I don’t market in your territory, but the same applies to any market.

This doesn’t merely apply to real estate this applies to any business endeavor you pursue. 

It all starts with becoming an expert in your market, creating broker relationships, understanding what your goals are, learning and applying the framework.And not to jump around to the next shiny object.  

Then when I moved to CO I applied for some framing jobs and the GC’s all looked at me like I was crazy.

I live in Phx,Az , where should i apply for a mortgage loan first at my local bank (wells fargo) or use a broker, a lot of people here tell me to start with my bank as they have all my info, if i get pre approved anywhere i wouldnt be committed/obligated to go along with the deal right ?

Then go looking for distressed properties (like @John Underwood said) and apply your talents to getting it ready to go and see what happens!

@Dan DeGroffTo achieve a house-hacking dream in Washington, consider lender flexibility, documenting intent and income stability, applying for an investment property loan, partnering with a Washington State resident, exploring creative financing options, and considering FHA or VA loans.