It is a simple calculation of supply and demand.

I'd recommend looking at a few 1-2 page contracts you can find at your local office supply store (yes, they have all kinds of legal contracts), and then talking to a good title company or closing attorney in your area (depending on the state, you will either close at title or with an attorney) and ask all kinds of questions about the contract you chose. 

The supply is tight still regardless of what anyone says due to net migration into the city.

The reply I got was they don't Supply 1099 to their owners and never have.

. :) Veterans are a small minority, the market finding it's supply-and-demand rent-to-price ratio equilibrium is finding that equilibrium at price points wherein the overwhelming majority are putting 20% or 25% down, so if you're putting 0% down and paying that same purchase price, you may have a hard time of the cashflow game (until/unless several years have passed, not necessarily just the minimum 12 months of personal owner occupancy).

With my local market down to .9 months supply for houses under 250k I'm considering buying out of state.What tips/suggestions do other investors have in this regard?

There is virtually no supply in the market and it would sell fast. 

More of his crew were sneaking in the property at night and pilfering paint and other supplies.

(Larger developers who could afford the development are instead chasing larger deals)I thought of an idea to help increase supply and share the opportunities with smaller investors everywhere.

The MLS price winds up bid up to where it makes sense for the overwhelming majority putting 25% down in a Fannie loan, that's where our Econ 101 "supply and demand curves" meet in the middle on the fictional perfectly efficient open market that they pretend exists in Econ 101 (these podcast guests probably paid the MLS price for their first few properties, but haven't paid the MLS price for the last bunch of properties).All things in life have self-selection bias. :)