Kevin,I am a NE Ohio investor who've been investing for 8 years. 

It's a little early but I suspect we will all be talking about  Dayton much more, once the Grand Parkway is completed on NE Side of Greater Houston Area. 

Just because your market is over valued, doesn't mean Omaha, NE is overvalued. 

You can Click on The Icons To See Them betterHopefully the following Table will be readable  Overall Rank Overall Rank Total Score ‘Rental Market & Affordability’ Rank ‘Quality of Life’ Rank (1 = Best) City 1 Scottsdale, AZ 69.26 14 1 2 Peoria, AZ 66.72 12 2 3 Chandler, AZ 66.41 22 3 4 Gilbert, AZ 66.16 7 9 5 Fargo, ND 63.16 2 49 6 Bismarck, ND 63 3 50 7 Overland Park, KS 61.76 17 16 8 Lincoln, NE 61.41 19 29 9 Mesa, AZ 59.56 38 23 10 Tempe, AZ 59.5 28 28 11 Irvine, CA 59.49 111 4 12 Nashua, NH 59.48 57 13 13 Sioux Falls, SD 59.15 4 86 14 Boise, ID 59.03 68 15 15 Phoenix, AZ 58.63 44 30 16 Omaha, NE 58.31 27 44 17 Lewiston, ME 57.84 23 46 18 Glendale, AZ 57.52 37 40 19 El Paso, TX 57.24 50 37 20 Cedar Rapids, IA 57.06 5 81 21 Tampa, FL 56.59 130 7 22 Charleston, SC 56.43 59 26 23 Huntsville, AL 56.3 1 121 24 Plano, TX 55.97 66 35 25 Casper, WY 55.75 6 97 26 Henderson, NV 55.59 29 59 27 Portland, ME 55.47 58 36 28 South Burlington, VT 55.37 81 25 29 San Diego, CA 55.33 157 6 30 Rapid City, SD 55.05 8 100 31 Madison, WI 54.84 53 52 32 Fremont, CA 54.54 121 18 33 Reno, NV 54.44 34 66 34 Manchester, NH 54.21 72 38 35 Orlando, FL 53.87 139 17 36 Fort Smith, AR 53.8 9 108 37 Grand Prairie, TX 53.77 97 22 38 Tucson, AZ 53.75 56 58 39 Las Cruces, NM 53.7 13 102 40 Austin, TX 53.53 76 47 41 Amarillo, TX 53.37 42 65 42 Cape Coral, FL 53.22 145 11 43 Des Moines, IA 53.01 45 68 44 Huntington Beach, CA 52.8 161 5 45 San Francisco, CA 52.55 107 41 46 Chesapeake, VA 52.43 10 118 47 Raleigh, NC 52.43 15 113 48 Las Vegas, NV 52.38 40 77 49 Newport News, VA 52.19 11 120 50 Virginia Beach, VA 52.01 24 98 51 Colorado Springs, CO 51.93 62 64 52 Honolulu, HI 51.61 160 27 53 Jacksonville, FL 51.51 91 55 54 Santa Rosa, CA 51.49 165 10 55 Cheyenne, WY 51.45 33 104 56 Chula Vista, CA 51.26 146 32 57 Sacramento, CA 50.76 149 34 58 St.

The problem I'm finding is there are not many multis in the MD/NE area and its hard for me to vet these properties.

What I’m realizing is that there isn’t a plethora of multifamily properties in the Northern Va area, the ones in DC are either way too expensive or in SE, and NE and I’m not too familiar with which areas are good to buy, they’re in PG which I’ve heard isn’t really developing all that well and isn’t as good a buy as Montgomery Country, or they’re too far out in Montgomery Country that I worry about finding renters.I’ve got searches on the MLS setup to send me any multis in the DMV so I’m looking but I just want to know of there are any people in the area that can give me some advice.

You see this in the big cities in NE with triple deckers turning into condos.

Jon - welcome in advance ...the 15 min drive time you initially mention is a bit unrealistic  as  getting a few miles in that time from SLU is a rare  accomplishment …..I live in NE Seattle  ... 6 miles from my office in SLU area and it normally is a 30-45 min commute  driving  …..light rail from husky  stadium is great as I can get to office in 30 min  with a 7 block walk from Westlake  station …1.2 mill budget   should cover most of the  North / NE and NW areas of  Seattle proper  …...some other neighborhoods / areas worth a look  include  maple leaf ….Ravenna ..west seattle  ( longer sommute from here ) ...Laurelhurst ...view ridge ..wedgewood if needing financing - get  pre approved  in case you need to make a move on a property quickly  good luck and  feel free to call or email with any questions 

The strip, NW,NE,SE,&SW of the corners of HWY 95 and Decatur.

Im in NE/SE Portland.