Approached multiple real estate agents in my market with the attempt of understanding pocket deals and to make offers on distressed on-market properties they have listed on the MLS.

Maybe in a Market where housing is less expensive.

This would mainly depend on the market as you said.

In today's market I wouldn't touch one unless you can get 8%.  

But what really makes Reston Virginia such an interesting investment is the meteoric rise of the Reston Town Center, and its recent office market outperformance.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

How is the West Palm Market.

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.

After a lot of research it doesn’t seem like single family investing is very lucrative, unless you score a killer off-market deal.

Someone with a large portfolio might have a system that works for them and which they have maximized but which might not translate well to your market, your personality or your approach to investing.