If you want to move up to a 75% rule, then give it a try but have reserves ready to cover the gap should it not work out. 

I am also a professional landlord and would be willing to work out a plan to assist you with the management portion of your adventure as well!

I understand that doesn't always work out, but id like to hear from the community and see what works for others. - I'm calling courthouse data.P.s.

Of course an investor friendly agent could help break the entry into an out of state market if that was a route you chose but that will be more time intensive.

I’m wondering how many renters will work out of Huntsville but want a little space and quiet for cheaper. 

I love to see projects work out and I have been a HML for 20 yrs and also flip houses on the side. 

Do I complete work out of pocket and send invoices for reimbursement?

There are many strategies for off market...Searching public records for preforeclosure defendants, evictions (plaintiff may be tired landlord), etc can be a good source.Driving for deals is time intensive, but tried-and-true.

Good luck in Seattle and I hope things work out for you!

Do your best and if it doesn't work out, sell to another Airbnb host.