Cashflow is hard to come by if you are looking the single family market and like Colin said, multi-family is pretty competitive but not impossible to find.

The two markets you mentioned are very competitive as everyone wants to be in the hottest markets.There are deals to be in every market cycle but not every market.

@Sean Mcentee It's just a really competitive market with too few deals.

In my community, I'm the only property manager that charges leasing fees or lease renewal fees but I provide a large variety of services and better quality services than my competition so it's easy to justify. you need to consider what they are doing in exchange for those fees and determine whether or not the cost is worth it for you.

You can still speak directly to the seller, investors need to put down 20%-25% etc means less competition (usually).

Due to the amount of work required, they didn't qualify for conventional lenders and I didn't have much competition. 

That’s also going to be the most competitive market usually so finding the deal is key. 

To distinguish themselves, it's really about developing competitive advantages.

Hello, curious to know what strategies buy and hold investors are using in a hot market and through what sources. I am currently in the Omaha market. Not doing any paid marketing at time being, but spending more time ...

I am still weighing my options, looking at my individual circumstances, and defining my goals.I live on Long Island (yes I know…competitive markets, tough, lots to consider) and would love to hear from, and connect with, folks who have some experience investing in Long Island (or anywhere for that matter.)