Everything I am learning about mentions Local.

Are you looking to stick with your local market?

What I love:  Old Man Dan at a local Umpqua bank. 

You'll need a good local management company.

I know they have a cap at 10.We have also looked at using local banks in the area but those terms are usually 3 years arms to ten year arms and 20 year loans so it lowers cash flow significantly. 

One didn't make your list.1) I see people all the time raising money for real estate deals but they call it a partnership either because they are ignorant of the law or they are trying to avoid paying for all the legal work. 

Every state has different laws regarding a notice to terminate/non renewal of lease.

@Jesus Gonzalez - The best way to approach this question is to talk to a mortgage broker or local bank lender.

I agree with where Nicholas is going, first, if it's feasible I'd recommend house hacking some type of multi family or even a single family that's local to you. 

I'm currently looking for a flip locally - within 30-45 minutes of Lancaster, PA.