I recommend you reach out to a good Mortgage Broker and get pre-qualified first to see how much you can afford and where to buy.

The market right now is so hot and it seems like I can not afford a house with the current situation, maybe another year.

Trying to find the best rates I can.My logic for asking these questions is to talk to someone who can tell me what I am able to afford: get a pre-approval letter.

How much can I afford?

Lets say you only have $15,000 extra cash to put down toward the down payment in the case it doesn't appraise, now you can afford for the property to appraise as low as $380,000 and still go forward with the deal (you'd need $115,000 total in this scenario to go forward with the deal).

Also, not talking about affordable housing where developers sell tax credits to a syndicator specializing in that but on a normal ground-up commercial property.2.

I've looked at their P&L statement and their finances and know they could afford the property they are looking at. 

More expensive rental homes in Vegas can attract a high rent rate but also a more transient renter (stay for a 12-18 months or less) who can afford to eventually buy their own home.

I can’t afford a rehab/flip in Howard  so I was thinking Carroll or Baltimore county. 

La Mesa/San Carlos/Lake Murray area I think are really good options if you can afford it.