More details:There are lenders that do values determined by AVM (automated valuation model), not a full appraisal.

Delta makes a couple of low-flow (WaterSense certified models), but you need to check the model number as they also sell 2-2.5gpm models that look pretty much the same.

We do like the area, like our neighbors, just have the much smaller model home on the street. 

You can't apply the North American multifamily investing model there, as you can't refinance like you do in the US or Canada. 

Maybe you can adjust that model as you see fit...get rid of receptionist. 

I know this is a slightly different model, but I own a property that I leased to a tenant doing STR arbitrage. 

As an aspiring real estate investor, avoiding common mistakes is key to your success.

If you do collaborate with investors, I would be interested in learning more about your investment model and the specific mechanics of how you structure those partnerships.As a new investor, I am open to exploring investment opportunities and potentially partnering with experienced professionals like yourself.

Puyallup is notorious for being in the Mt.Rainer lahar zone and with insurance companies adjusting their models for climate risk i wouldn't put it past them jack up premiums in the area.

Plus, you want your lease agreement to fit your business model, help you to reduce costs, provide for compensation from the tenant for administrative burdens imposed on you by tenant acts or omissions, provide for procedures tenant need to take for maintenance and other tenancy issues, etc.