I can speak from experience as a student at Texas A&M, I lived in a 5 br/5 b house and I knew plenty of other students who lived in similar houses or "Ag Shacks" if you will.

There are also Zoom calls where people practice their underwriting live.

My name is Cesar and I am originally from Puerto Rico but have been living in Virginia for over 20 years.

If you are buying to live in, you could also do FHA with a cosigner.

I live here and I haven't seen more FSBO but I'm seeing a lot more wholesaling activity.  

So - somewhere 2 hours away, or somewhere you like to vacation in, or where all your family lives, or where you plan to move someday.Too many people are trying to do exactly what you're doing - pick a market based on a formula - and they end up buying a random 'cheap' property thousands of miles away, turn it over to people they've never met or even spoken to, and then... lose money.  

Hey @John FriendasI have purchased 4 of my Co-Living (rent by room) properties with DSCR, 1 of them within the last few months.Not that I necessarily recommend this, but there are short-term-rental DSCR products.

I like the detailed descriptions others have given, but I also keep it simple:A: I’d live there with my familyB: I’d live there if I had to with my family C: I’d live there if I was single D: Nope

Find a partner, find co-workers/friends/relatives you wouldn’t mind living with, find a property you can buy for less than your current rent.

If you are just starting out, this is for you:When you buy an investment property, it is treated differently than a house you are going to live in.