So most of them aren't concerned with cash flow and are frankly lucky to break even on these local programs. 

I am a local broker and vacation rental manager here on the Island. 16 years here on the Island only.

You’ll need to run a 240v line up there, I dunno if that’s a $2k problem or an $8k problem, talk to a local electrician.

If you simply want to "get involved in it" I would suggest seeking out local, licensed property managers who are hiring.

You can't look at a national market, when all sales are controlled locally.

@Wei Jie Yang,Check with a local credit union.MIke

It’s just a site where wholesalers post their “deals” that they can’t sell to locals.

In my local MLS, it may not be true in your area, there is a field that a listing agent can fill out to designate the home they are selling has a FHA, VA or USDA loan which by default would make it assumable.You can also reach out to your favorite local title company and ask if they can provide you with a search tool like TitlePro247 or provide you with a list of current on the market homes with a FHA, VA or USDA loan in place. 

I'm always sharing and posting local meetups :)

Looking into the trends in the local market and making sure the property is in a wanted area can make up for the first money spent.Good luck!