I'm new and currently receiving mentoring so not likely to be of tremendous help to you right now.

Also, we have tremendous job growth in the area that should keep our housing market strong!

Being a contractor I know I can bring value to a seller with a distressed property that most people might shy away from because of repair costs— I can get a tremendous amount of work done much cheaper than most because I can do nearly anything myself. 

Biggerpockets forum has helped me tremendously as well. 

., have a tremendous impact on your return.

@Mark Moskwa  My property management company has grown tremendously the last few years, and we're focused on the west side.

There is a shed and a 2 story garage on the property which is being rented as well as 4 coin-operated laundry machines.Also, the seller has done a tremendous amount of work which means less repair/cap ex costs for me if I purchase it.The only way I could make this work is if I can get an FHA loan and house hack it.With these numbers I know it's not cash flowing much and it wouldn't be if I were to house hack.

That has helped me tremendously and can’t get enough of either.

I appreciate your information on the spreads you look for, I was looking for $225K in DC and $175K in NoVa but it wasn't seeming to leave much wiggle room, I was thinking about increasing my target spread but want sure if that was too large a spread, knowing that you look for that range helps tremendously in that I know I'm not crazy looking at those numbers haha.

If you plan to continue investing, a good banker will be a tremendous asset.