They are few and far between, and when they do pop up, it is difficult for VA financing to compete with the other offers in this competitive market.

They are few and far between, and when they do pop up, it is difficult for VA financing to compete with the other offers in this competitive market.

Look everywhere you can as this can be very competitive to buy in this market.

For my local PA market:Pros:-Great cash flow-Good local laws-I grew up there and know who the good tradespeople areCons:-It can be harder to self-manage when you're not there and most PM companies suck-It can be tougher to get good deals when you're not physically there and the competition isI keep buying property in my PA market and so I'll be moving back there to be my own boots on the ground. :-) Plus it will be easier to secure more deals. 

Small multifamily is just a little more competitive than a SFR with an ADU.

Even though you are living there, that lack of rent/mortgage you would be spending to reside somewhere else counts as part of your return.

@Dolina Maharjan The Waldo area here in KC can be really great for LTR's and STR's, though it can be hard to find good deals as this is one of the most competitive areas of KC for investors.

I am not able to qualify for a traditional loan due to my lack of job history.

Competition for the property was fierce but we were blessed to get accepted.

Nonetheless this market is highly competitive depending on the exact local area and prices.