While I don't know that deals are falling through because of lack of permits in this hot market, I personally don't want to risk it.

It's a great shame to the reputation of BiggerPockets someone like Joe, with a glaring lack of financial and investment acumen, can present himself as a knowledgeable person, post over 10,000 times, and influence others' decisions.

It’s a very competitive market out there so you need to be prepared to act when you find the right property!

This is has allowed the opportunity for professional jumping competition and the need for more AIRBNB.

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.

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.