In my limited experience in the US I've seen low of $2300 and high of $5500. 

Real estate is multi-faceted and knowledge is power and the only limiting factor is myself.

The change that was going to effect everyone was limited to a 15 or 25% annual increase to "gradually" increase the cost, but there was no such limited increase in this "fix" as you can see by my example.I originally would never buy in flood hazard areas. 

Are these types of purchases limited to certain states or are they common throughout the US?

If you treat others as competition and not as a future possible business partner, you're limiting what you can accomplish. 

Be careful of HOA rules they may prohibit renting or may put limits on how many units can be rented. 

There are no state laws in Texas limiting how much you can sell a house for or an amount for which rent may or may not be charged, nor are their federal laws. 

For a lot of new investors with limited options we are often times the only viable option they have.

The cost of professional managers may limit the appeal of the property. 

Hi Everyone,As a new real estate investor, I am planning to use an FHA loan for my first MF property as an owner occupant.  Then, a year or two later do it again with a VA loan.  I know they can both be used to buy 1-...