Richmond continues to be a fantastic market, and a good duplex is one of the few ways to still attain cash flow, considering current prices and interest rates. 

The Comps give the property a market value of 200-220 but they are selling as is so they dropped the price.

(Remember that I work in the Poconos market, so your market may differ slightly.) 

I am currently looking to purchase duplex or quadplex but it seems like its not a easy thing to do in my area since there arnt many on the market.

With the move down in the treasury market, has anyone priced out DSCR loans? 

We've researched 10-15 different markets and we keep zeroing in on Columbus, OH as a good balance of appreciation and enough cash flow to cover expenses plus a little bit of profit.

All that matters is equity, market value, and what kind of investors you want to be.

Those who are most successful buying SFH's buy in markets that experience a sudden  appreciation event/spike in home ownership  creating an end buyer market that no longer consists primarily of investors.

and/orcan you pick a market 1-3 hours away from Seattle and look there?

In the booming market in Memphis, I've found that having the right tools can make all the difference.