A few things you should watch out for in this area is what your finish floor elevation should be for flood insurance reasons (if you are in a flood zone), check with the local HOA to make sure you are complying with their architectural requirements (builders can usually help with that), make sure you do not buy vacant land with gopher turtles or in a protected scrub jay (bird) zone.

Buying now unless you are a very heavily “seasoned” investor which most aren’t on here, they shouldn’t elevate their risk by buying now.

The entry price to DC rental market is elevated compared to other parts of the country but the returns are worth it.

Lots: http://www.biggerpockets.com/forums/12/topics/89351But listen more than you talkHave an Elevator PitchDon't just talk but, connectGet Cards and write notes

Rates are artificially low and rents are elevated.

I specialize in condominiums in my area and at this point I've looked over so many disclosures and financials, I can tell pretty quickly based on the number of units and cost of cap expenditures about how likely they are to have an assessment in the near future and for what (roof, elevators, etc.) even if it's not on the agenda.

OR sometimes wholesalers will partner with a hard money lender to offer a project with a reduced down payment.In either scenario, the deals aren't always as good as they appear....either the price is elevated, the Seller was having a hard time selling it, and/or a Buyer can't get traditional financing on it because of it's condition, and decided to offer Seller financing. 

These are the elevated categories and flood insurance is much cheaper than V, A or AE zones.

Certainly in a 3rd floor apartment (no elevator) you would face serious headwind (not to mention damage to common areas from moving appliances in and out) if you didn't furnish appliances.

We've only paid 2k so far, but they're now called Real Estate Elevated, also using the Tareik & Christina hook.