Hey Aaron, Columbus, Ohio is a great market to consider if you're leaning towards appreciation.

Very competitive market.

There is and will continue to be a shortage of good, affordable housing in growing markets like San Antonio.

Landlords of section 8,Do you have any tenants who pay you the difference between the local housing authority's voucher limit and your market rent? 

If your looking to do 2-4 unit properties then the 5% Fannie Mae program is perfect for you.

I do have a program for you but the max LTV is 75% and the min loan is 75k.

Study the market.

There is a solution though because there is Non/QM which offers a few programs like (1) year 1099, Bank Statement, and DSCR programs. 1 year 1099 is self-explanatory, Bank statement uses 12 or 24 months bank statements gross deposits and divides that income usually 75% over 12 or 24 months, and DSCR requires No income or job, it uses the rents of the property as income as long as the rent(s) are equal to or greater than the proposed PITI payment.None of the above Non/QM offer construction loans though so you will need to stay W2 or wait 2 years.

I dropped the rental rate last week and it is now below market rate but there are currently lots of active rentals on the market.

My condo has been on the market for 127 days in the 92054 area code.