That has come up in a few recent podcasts about the need to create good deals as they are increasingly hard to find.I tend to focus in the same areas as you and have had the same dilemma, lower the rate of return you are willing to accept, or wait it out. 

We never looked at it as an attic as it consists of three finished rooms (2 large and 1 smaller) and a small bathroom which has a small tub, shower, sink and toilet.The second floor can be assessed by a stair case in the front of the house, and a staircase in the back of the house.

Variable rates do worry me, especially with more planned increases this year. 

You just have to stay consistent with your lead generation.

Since the property taxes increase substantially, and real estate being so expensive it is really to start real estate investment locally.

Since the property taxes increase substantially, and real estate being so expensive it is really to start real estate investment locally.

It's just important to include flood insurance in numbers and plan for those annual rate increases if it will be a rental. 

Repeal would allow cities and counties seeking to adopt new rent control to apply limits on rent increases to any housing of their choice.

Do I need to be 100% consistent in the process that I follow with each person who is interested in my property?

Prices have dramatically increased in the last year or two, but look to be stabilizing.