I don't know anyone in the area, but I would recommend calling the local REIA's president. 

Cal or Orange County areas .  

The unit SF is one component of its size, but then we will sometimes add exclusive use common areas  as well as a pro-rated allocation of the common area.

Whether you want an Airbnb in a vacation spot you can use or a standard single-family home in an appreciating area, there are many options.

I figured DC would be a great area to invest in because it attracts tons of young professionals.

Was wondering about starting in the Mid-Term rental area rather than STR.

@John Sherwood The areas you mentioned are certainly high-demand areas, but they come with challenges.

-it's not separately metered, all utilities covered by owner-no pool or common areas besides laundry.

When it comes to good cash flow, I’m usually aiming for something with strong upside potential—higher-end of the affordable market, in a gentrifying area, with a double-digit cap rate around 10%.

Best option: don't invest in areas with high crime.Security cameras, motion-detecting lights, and plenty of signs that it's protected by a security system.