You are looking at something a little unique (in the size of units), and if that is the market you want to work then there may not be many of those deals out there, both for you to buy and/or for a tenant to rent, so it could be a nice little niche.

I'm still very new here, and every experienced member/investor has a unique way of approaching their investments but I have found one thing they all have in common.

Good Morning, I have been investing in real estate for 11 years in the capital region, looking to connect with others to help each other.  

I'm attempting to broaden my perspective and to qualify more comments which apply to a regional / state.

There are so many unique neighborhoods, so you can really think about the type of renter you want to attract, your investment strategy (do you want to renovate a bit and build equity or a ready to go turnkey, invest in an up and coming neighborhood with appreciation potential or a neighborhood that's been solid for decades), and the lifestyle you want to live - it's a house hack after all.

@Chad Hotovec,We have utilized smaller regional banks for our cash-out refi's.They are loans kept in house,usually called portfolio loans.Havent had much luck with large national banks but really haven't pursued them because we have built long term relationships with the smaller banks.Relationships is the key word.Plus some experience.Good luck with your first deal

I have rented out 2 single family homes in Seattle region.

I believe the increases are only allowed once every 12 months, and according to the CPI fluctuations for the Bay Area metro region.

If your marketing piece is unique, you could stand out from the rest and connect with them.

(HFGI), executed an advance fee scheme by targeting regions affected by Hurricane Katrina.