Are there any "2%" markets in Western Washington?

[Juan Silva]

I've been searching the MLS for a couple months now looking for my first rental investment in Western Washington, but so far haven't found anything close to the suggested 2% rent to purchase price rule.

Does anyone have suggestions on which areas fit the mark? If not, then what percentages are other REI's typically realizing when purchasing SFR and/or 2-4 unit properties in King, Snohomish, Pierce counties.

Thanks in advance for any/all feedback.

[Eric B.]

Look in rural areas well away from i5 in the sound.  I'm doing more like 1% but I like my nieche. :)

  Take a map and draw a two hour drive circle from your place and start working the edges in towards the center.  You will find plenty.  It anit sexy but the 2% play is all about cash flow.

If the above fails there is always detroit...