I will agree that the area has lots of restrictions as well as a very competitive market.

Are you looking for a career with limited competition?

., PPC), or you need to be in a more competitive market where the profit margins are higher (e.g., California or New York).Hope this clears things up, and let me know if you have any questions.

From my experience, it seems like the market is still very competitive there because a lot of properties have multiple offers, but could it just be a matter of time?

Their market is too expensive and competitive, so they’re sort of stuck in a holding pattern, waiting to see what happens.They are possibly even envious of others who are still investing in more affordable markets.I know I was.

Thanks for the advise , I have never done an out of state investment but virginia housing market is so competitive that I might start looking! 

Regarding location, I think a lot depends on your access to capital and where you have some kind of competitive advantage. 

Generally speaking, most agents I deal with today complain about limited inventory for their buyers to choose from, overbiddings (high competition), and lack of support system to assist them in increasing sales.

What sets a lender you'll work with again and again from the competition?

@Kyle Glasgow one thing to do is look at your competition.