What To Do In This Inflated market?

[Manco Snead]

Greetings all,

I live on the the Olympic Peninsula, WA and have been looking throughout Washington and Oregon for something that cashflows, preferably a multifamily. The inflated market is really throwing me for a loop as I'm not finding anything reasonable, even in more rural non-hip areas. Am I missing something? Anyone willing to share their approaches to the current market, West Coast or otherwise?

Much thanks.