Getting started in multifamily investing
I'm located in Salem, Oregon and am finding it difficult to locate multifamily properties particularly ones that cashflow. The MLS has only a few overpriced properties that roost for months. I've considered direct mail but my family property has been inundated with letters and cold calls which leaves me at a loss as to how to appear different than everone else.
Another question, should I be looking in other parts of the country with better value to rent ratios? In this area the average multifamily is running $135k-$175k per door for rents of $1200/mo for a two bedroom.