I'd prefer my tenants be long term.Applicant D is a decline due to income level only being 2.4 

~ E.The answer your questions in order, DMV tends to be much more of an appreciation market than a cash flow market, the key is finding enough cash flow to keep the property while it goes up in value ( I have one rental that went up about 100k in one year while it barley made money as an actual rental)  As far as areas to look for it all depends on your goals risk etc, I personally like to invest in Montgomery county which especially on the northern part is a good mix of cash flow, appreciation and relatively low risk.is it a good time to buy tbh it really depends on the discount you are getting the property for, most of the metro area needs to see another 10%+ decline from here imo however there a few pockets  of the area mainly in D.C. that are already down 15-20% and could be considered a potential value at this point.

People are reporting that they love the property but then they decline to rent because the washer/dryer hook ups are in the basement. 

If there is a huge demand decline, I could see it bleeding into other parts of the city or the Metro.  

The quality of wholesalers has been in a steady decline since a few years after the foreclosure crisis. 95% of wholesalers are either working for the large institutional shops who are jacking the price up on 1st timer fix and flip wannabes or they're brand new and have no clue what they're doing and will never do a deal. 

For my money a solid 5% when things are declining is very sweet.

That's why Muslim theocracies will fail and that's why we are witnessing the decline of pure capitalism.

With today's lending environment, a lower sure bet is better then higher offer with longer process and higher rate of decline.

I agree with @Shedrick Nettles, they will just ask you to spend money on BPOs and unusual inspections, which will take more time than normal, only to decline the loan at the very end.

I went through the process, and although I have a 755 credit score, I was flatly declined.