@Cameron Riley it seems like you are quoting a sales website in Baltimore that is looking to fill rental properties. 

Can you increase your personal income with a new job? 

Barbara Corcoran — How She Turned $1,000 into a $5B+ Empire: PR Stunts, Sales Techniques, Critical Early Wins, Fighting Trump, and Becoming a Real Estate Mogul (#725) - The Blog of Author Tim Ferriss

@Tyler Kowalczik- thanks for the post ....1) get pre approved for a nypotehtical  scenario  so that  you  can make sure you can get  financing and also  so you  can  become familar with the process  2)  you will need a  down payment of  15% or more   3) once you know what a  possible  realistic  loan payment  looks like - do your  reserach on  what  rental incomes  are  realistic  and  this should help with your  decsion making .....the prices are  high in LV ...Port angeles  or  P townsend  might be  better ......consider  Kitsap county  ( although its  been  increasing in value )

There are simply far more people currently looking for a home right now then there are homes for sale on the market.

As in, would it sit for sale because it’s now “worth” 350k arv despite the ones around it in the same neighborhood being listed now at 250k, as an extreme example? 

And 99% of the time that happens at tenant turnover...not 7 months into their leaseIf the market "softens" then I may pause any increases, but I never drop the rental rate unless the market plummets.

- Residential purchases, remodel/repairs, and re-sale (flips).

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.The site has quite a few tools that can be helpful for new members.

But 20 years with less than 1% per year rent increases?