Seattle Newbie Investor

[Jordyn Bash]

Hi there,

I am looking currently looking at the Seattle market for my first property, ideally a 1bed 1 bath apartment. 

I would be living in the unit after purchase, but am hoping to eventually rent out. Running some quick numbers on available listings, I’m not really seeing a whole lot of cash flow opportunity on any potential listings. 

Would you recommend a STR strategy in this market for the type of unit I'm looking for? Or are investors purchasing this type of property primarily for the appreciation potential? It looks like with my estimated monthly payments would be relatively close to the average rent.

Any tips and or resources are welcome as I am very green. 

Thanks in advance!