There are a few options.1.

While a western WA deal might not meet some Midwest cf metric like 1%, it will be above the market cap rate or below FMV of comparibles and give you options. 

Your realtor will be able to give you a much more detailed market specific answer but with house hacking and a VA loan it should be possible to get 0 out of pocket.

Bloomington is a city located in south-central Indiana, approximately 52 miles southwest of Indianapolis. en.wikipedia.orgRecently, the city has been exploring co-living arrangements as a strategy to enhance affordable housing options.

I was studying the market and my rent will be just enough to cover the mortgage and HOA fee now I might to pay out of pocket for insurance but don't want to sell it yet because the area is growing and might have good appreciation in the years that follow.

@Bree JimenezWelcome to Bigger Pockets.

I may specialize in VA loans, but I also offer a range a conventional, FHA, USDA and commercial lending options. 

These are all good options.

It's not unheard of, but I couldn't understand why anyone would want to do that given there are so many other options out there.

When I asked him where he gets his deals from, he said wholesalers, word of mouth, and bigger pockets.