Yes, most who live in Harper's Ferry commute to work on WV, NOVA and Maryland, mainly Loudoun County VA.

Which areas would you invest in the Nova area if you have max 500 K.

In general I'm willing to be $300 or so underwater vs the mortgage because I do expect rents to go up, once its becomes 500,600,700 I realize its probably a better idea to rent and try again next year (Again it's not normal for it to be so much cheaper to rent vs buy even in Nova/DC, and I expect through a combo of rents going up and prices going down that will return to historical norms) Now whether you'd rather buy farther out of rent closer in really is a personal choice. 

Sherman Williams Pro Mar 200- agreeable gray (I could not get a pic to show correctly)

I was born and raised in the NOVA area and am very familiar and have multiple contacts to help me if I became a long distance owner.I feel that my strategy is inline with yours, to buy and hold.How did you get started?

Like I said, there are certain areas (like La Jolla, Del Mar, Enc.) that you'd have to be nuts to buy a STR in because of how strong that NIMBY influence is.

Hey I'm Jonathan!
I'm Northern Virginia resident looking to obtain financial freedom through real estate investing. I have been fascinated by real estate since I was a kid and am finally going to stop thinking about i...

Since you are not in NOVA, you are less likely to worry about such ordinances.

Okay well Feb wasn't a great month but it wasn't completely dismal, here goes with Mar hope it gets better from here :D 1) Continue to tackle those pesky mistakes from years past2) Continue to save money 3) Locate potential properties in the AZ area preferably Queen Creek, Tempe or Chandler.4) Get some extended time off of work, gotta get a way from "the man" every once and a while.Here goes, will keep you all posted.

The majority of our investors who buy in luxury areas are looking to flip properties way more than they are looking for long term rentals.Example: We currently have a property in Del Mar that we need to sell.