My advice is to check for markets that fit your investment strategy and goals.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

It just depends on your goals.You also have to be careful with posts like these, this is where all the real estate agents come in and tell you that their market is best so that they can get your business.If your goal is appreciation, I would focus on higher price point markets.

Finally, select the market that best aligns with your goals.

Can I risk building a home at the slot and sell it which will be faster than selling a lot? 

@Joe BellevilleTo build a successful multifamily property portfolio in Grand Rapids, set criteria for property type, location, and budget, build a team, analyze deals using the 1% rule, leverage house hacking, leverage local knowledge, prepare for tenant management, network, and focus on long-term goals.

When purchasing, my goal was to cash flow a certain dollar amount based on the open market or section8 rates.

Bigger dollar amounts means you can arguably build wealth faster. 3% appreciation on a $1M asset is better than a 3% appreciation on a $100K asset.

This gets my mortgage payment barely at break even for LTR value, (could be negative cash flowing), and lowers to about a 6% CoC (with down payment, renov and furnishings' costs)About 1.5 pt lower than my goal and with an MAO $10K higher than I wanted.b.

@Brandon EikeFrom my experience, finding your first deal starts with clearly defining your goals and thoroughly learning the market.