Most of these program qualifies borrowers with income and very few DSCR.

We utilized the down payment program and use our own money to fix it up.

I have experience with Quickbooks Online, and looking to learn to use Appfolio as I have heard that is a common software tool used for managing the books for REI.

Quote from @Diana Teng: Hi all,I think my question above is pretty direct.I'm interested to buy my first rental property, and after doing a brief search I see that there are quite a number of places out-of-state (I live in NY state)  that offer affordable homes that deem to be in hot market areas right now (according to many different articles online). 

With buyers and renters relying more on online listings, I'm curious how valuable do you find virtual tours in showcasing properties?

I've noticed that properties with virtual tours tend to get more engagement online, and investors/agents who use them often say they help attract more serious buyers and renters. 

Cold calling is a great idea to get started, but maybe try connecting with local real estate groups or online forums too—they can sometimes have off-market deals.

My wife and I did our own taxes using some program (I don't think it was TurboTax, but maybe.)

There are a lot of high character folks who get sucked into garbage Co-GP style guru programs.

The Snohomish county program details can be found at http://snohomishcountywa.gov/DocumentCenter/Home/V...