This is a beautiful house - rehabbed/looking new and fresh - walking distance to the water etc, yet low gross yield  compared to Byrd (???)

I believe this is why policy-makers on both sides of the political aisle are starting to see the promise that renewables offer over traditional forms of energy, which are becoming increasingly expensive for the government to continue propping up and bailing out.  

.#6  Knowledge -  Know why STR is better for the landlord than traditional rentals.   

And about $50 higher than another comparable unit I own across town with a husband and wife.

Traditional bank financing.

This property is being acquired at $79K per unit, a sharp contrast to comparable apartments in the area selling for ~$140K per unit.

It's meant for gap financing, so you can't compare it to a DSCR or some other kind of first position financing.  

While a western WA deal might not meet some Midwest cf metric like 1%, it will be above the market cap rate or below FMV of comparibles and give you options. 

An appraiser is not going to use single family homes on the appraisal if they do the bank/lenders Underwriter 100% will ask for more comps that are mobile/manufactured to be compared to subject property.

I price compare.