Best wishes on the sale!

Many months of costly vacancy, local market rent & resale deteriation, special assessments, property taxes and maintanance fees suggest a quick sale would have been the wise thing to do 2 years ago.

Anything beyond that makes me wonder if he might stay too involved.

Quote from @Janet Behm: Victor,How wonderfully generous of you!

Figure out how many sales you need to break even.

I’ve been starting my research by seeing what is being bought and what is on the market, and live nearby so would like to check out neighborhoods, but am wondering which neighborhoods I should invest in?

The other part sounds like it was a rehab and now held for sale, which does not qualify for 1031 Exchange treatment. 

Here are the specifics on our Seattle house: 5br 4ba 3,400 sq ft, built in 2019, $1.7M est sale price, $5.5K-$6K/mo est rental value, 4.0% mortgage with $3.3K monthly payment, around $1M in equity. 

As a Canadian looking to invest in the states I’m wondering if there is any like minded Canadians in here who would be willing to chat! 

I have had sellers agreed to owner financing as well as sellers to take steep discounts, as well as sign a purchase and sales agreement with me on the spot.