For those that think purchasing in the Northern Virginia Market is out of their scope here's the background on my wife and I's latest investment.

One of the awesome parts of the Jacksonville buy and hold market is the appreciation and the affordability.

Background: I offered on a condo (still a newbie to investing myself, although this would make my third STR and second in one market), and the same day a second offer came in, higher.

Hold firm.If you get nervous, drop the rent $100 per month or confirm your marketing is good.You do limit the prospective tenant base by restricting pets, but that is your prerogative.

Not sure what market you are in.

For every newbie wholesaler who does 1-2 deals, there are 100 or more who spend their last dime on one month of marketing and don't realize how long it takes to get deals done. 95% of wholesalers are focused on the check and not the client so they aren't solution-oriented and miss the mark every day.

@Sandra Feurtado would visit as many time necessary to get to know the market and build a team you can rely on going forward.

Recently, I started using CMA (Comparative Market Analysis) to get comps.For those of you who are familiar with CMAs, do you have any pointers on how to best use them?

Not Seattle, but Kitsap County...I have a property there that could be marketed to travel nurses and TDY shipyard workers. 

In our market that's really good!