That may start to change, but I wouldn't count on it.What kind of properties are you targeting? 

I'd recommend targeting a property that needs cosmetic work and obtaining FHA or a low down-payment Conventional loan option.As far as running numbers and making sure the deal makes sense, connecting with a local investor-friendly Realtor will be a huge boost.

I think you need to target an area, do your hw (LOTS OF HW) and determine if the area is capable of sustaining what you want to do.

If we expect to need $200k for our first deal, how much money should we target to raise?

@Ellie PerlmanYour adjustments seem reasonable, I think it is somewhat of a moving target at this point. 

First, when calling banks target the smallest most community based banks you can first.

I know this is very generalized because I have yet to really define a target area, but say I did choose to house hack do you think I would be able to find a property that makes sense as investment on the mls?

Your marketing, whether direct mail or web, has to touch a different nerve.

Still planning to pick up my next investment property a little later this year after I build up some more funds.If you're in the position to buy right now I don't see why not, might want to take a look at some historical data for the market you're targeting to see how the values held up during previous recessions.As other have mentioned San Antonio is a pretty stable bet.

I see that most of the discussion here surrounds more traditional methods; targeted mailings, D4$, EDDM, door knocking, etc.