I don't typically see anything over 30% (we consider 30% to be very conservative) and that's for properties in the SF Bay Area and HI. 

What is the best way to find off market deals in the Tampa Bay area?

ya there were many Bay Area investors who bought 4 plex's through LInda Gurcheck in PHX who learned that one the hard way when the building of new subdivisions came to a screeching halt in 08 to 2012 and many of those clients had 100% vacancies on a 4 plex for year or more.these sold at the peak these 4 plexs for 300 to 350k  in 2010 I could buy them same exact building vacant of course for under 100k each.it is a very big misnomer to think that rentals cannot go vacant.. and of course this is HUGELY regional.. and current economics plays a big factor.

On top of this, it is a very walkable city with great parks and access to water (Hudson River or Newark Bay) and a cruise line.As a heads up, Bayonne will be going through a tax revaluation shortly.

Work mostly with Bay Area investors, but also some from SoCal who are also looking for more affordable markets not too far away.In the Phoenix Metro area, I'm all over the place.

many threads on them.. they from what has been said require a 3k deposit up front with no gurantee of funding.so its not no money down.. plus I think you have to front rehab and get reimbursed so you need money for that so once you start adding this all up.. you may want to talk to local HML s as well. just to compare the real apples to apples.the biggest complaint I have heard is people pay the 3k and can never find a deal good enough to get through their underwriting and just lose the money.. they do for the 3k though send you some how to books and tapes I think but you can buy that stuff on E bay for 50 bucks.

I also live in a quite expensive market (San Francisco Bay Area) and I think I'm in a similar situation.

Account ClosedSounds like a great idea Grayson.....I sued my VA Loan here in the SF Bay Area.....to purchase a duplex to house hack a couple of years ago.............eventually I will refinance out of it....when there is enough equity in it so that I still do not have a PMI......and then use it again.

I also have friends that own all manner of other small business that create a very nice living for them.Subway sandwich shops    Take and Bake pizza   Five Guys  Janitorial ( one buddy of mine from Napa owns a huge Janitorial concern in the north bay and just kills it.. another is in Vineyard management  with over 1000 employees he is raking 5k bucks an hour off of .. and lives in a 5 million dollar home over looking Silverado CC and he came from Mexico as a barber.. you have to love America.. 

I live in the East Bay and would like to connect with like minded people.