I consider myself small potatoes in terms of property management: I just got my first two units in March and I am technically a property manager in that I am managing my properties that I bought; I haven't yet worked with clients or made business arrangements outside of my own interests.

Your analysis highlights the power of leveraging real estate, both in terms of financing and tax benefits, to achieve attractive returns.

Self-managing properties also means you'll want a market that's not too demanding in terms of tenant turnover or maintenance issues.

That is a HUGE Caveat and something I really need to ponder in terms of an "investment" property...so you cannot sell it and keep the funds, it must stay in the retirement account either way?! 

It really depends on where you are in terms of income and location.

I would also like to have your opinion in terms of structure.

I couldn't tell you anything about WA state in terms of legalities within RE.

Be very careful in term of future underwriting projection in area where average home price is below 500 600k, that's where bulk of new homesupply is being added and would give pressure to cashflow and appreciation.next ten years are very different than 2010-2017 era.

Hello,As the title says, I have found some properties that look to work in terms of cashflow and rate of return but I've never actually purchased a property before.

You'll need your address and legal description so they can look it up and tell you what you can and cannot do with the land in terms of zoning.