If you want something more affordable and would like to avoid a bidding war, the Pierce County area as mentioned above would be fantastic.

I was looking for ideas to open my own business or design a product but nothing clicked.Then one day I was listening to Listen, Money Matters podcast and they mentioned BiggerPockets and I thought I’d check it out.

Probably not with a traditional turnkey provider who offers you the final product at a premium price, as many mentioned here already.I built my property management business by basically offering our service at a fixed cost, being the boots on the ground for the out of state or out of country investor.The basic approach is, you find a good local team that will find you the distressed property, rehab it for you, rent it for you, manage it for for you.

I was thinking we should just use our own savings to fund the entire project but then I am worried there will be hidden cost our savings cannot afford so I thought taking out a loan to help will be best. 

I'm not selling anything or marketing a product. 

Thankfully I can afford to be a little riskier with this "investment" right now with my current job that I just started, and I don't plan on quitting anytime soon. 

There are many affordable places still in Canyon county.

Check out www.11capitalfinance.com Product sheet on their web site plus 3 minute application and will have multiple loan offers in under 24hrs. 

Get a full application on the co-signor to make sure he can afford the rent then add him to your existing lease as a Co-signor only.

Also it limits the products that small local community banks were "famous" for being able to make.