Based in Savannah.

Also, they base their comps on zip code.

Being based out of LA is making a lot of searching, really not fit into the 2% rule. 

However, based off your question, I am assuming you are looking for residential mortgage.  

These numbers are approximately and based on financial institutions that I contacted and gave me quotes. 1. 220k x 3.5%= $7700 downtenants pay: 1200 x 3= 3600 mortgage: 1387 (tax, PMI, etc included)water: 170cap x: 200 (appliance depreciations, repairs, etc)loan: 176 (10k loan; my personal loan obligation) PROFIT: 1,667 mon. (20,004 yr) **I could save 6 mons from the profits and pay off the 10,560 from the personal loan.Property 2; I would write and notarize a contract up between me and a relative or close friend that will state that if they apply and qualify for a 30k loan which their monthly payments will be 528, I will pay them 10k over 12 months (834 per. mon).

Anywho, we are based in Charles Co, MD and been to the meet ups and so far have been getting help from some amazing people in the field. 

Collecting my thoughts based on your responses, I'm in a position to summarize my requirements better now:# of Units:     5 units or more Multi-Family propertyBudget:        $350kCondition:    Could need rehab or have very good operating cashflow numbersLocation:      Anywhere in the USI'd be happy to hear back from Wholesalers, Property Owners and anyone who has or knows someone who has a deal. 

So here's the deal....my name is Michael and I own a painting business based just outside of New Orleans in Metairie, LA.

It seems like there are multiple military bases which is a good possibility for rental market, but just want to hear from the folks on the ground of how easy it is to find renters, and what area I should be looking at.

If a commercial property owner wanted a bid on some work near me, I would consider that though.I turn down a couple projects a week from people who call me out of the blue based on my yelp profile or other listing out there.