We've done most of the work ourselves to this point and have gained a good amount of knowledge as a result.Obviously the market in the Vancouver area is white hot right now and competition is intense. 

You have to move FAST when buying, there is lots of competition so the good deals are gone instantly.

Just don't be scared to up your offers a little bit initially, because it is competitive out there.

There are also a lot of newer note investors and many are staying away from the judicial states which has a little less competition as recently pricing in non judicial states has skyrocketed.

Fannie Mae and Freddie Mac have both announced programs that provide long-term financing at competitive interest rates to help investors refinance and acquire SFR properties. 

So I would think it’s a lot of competition.

Not to say there are still some diamonds in the rough out there, but the competition is very high - especially for the online sales

@Sabrina Rios in my opinion wholesaling is not a good way to start out, especially in California (high cost of marketing, competition, no garuntee of success etc.) , you might consider using an FHA 203k to house hack a multiunit that needs some work in your area (there are quite a few)  Creative finance opportunities aren't as common as many on Bigger Pockets make them appear, seller financing is fairly rare and when available usually offers terms inferior to those of a traditional lender. 

I'll preface my comment with the fact that I don't know the area at all but, according to the Zillow ad, you are priced significantly above the competition and I don't see comps that support the price you are asking.

Low interest rates and typically interest only payments makes it much more competitive than hard money lenders.