Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

I can see the misunderstanding here, but I still don't think the strategy will bear fruit over time.

there are of course more creative strategies to reduce that up front outlay, or recoup your capital, like, say, the BRRRR method. but they are time and energy intensive and certainly not hands-off. 

I have changed my rental strategy to short-term rentals and co-living (rent by room) to allow for more cash flow. 

Property was sitting on market and needed light updates (roof, flooring, paint) but was in a great area that allows STRs giving me multiple options when deciding on rental strategy How did you find this deal and how did you negotiate it?

Note this can be pro or a con depending on your strategy.

Is it the BEST strategy? 

Look into the BRRRR (Buy Rehab Rent Refinance Repeat) strategy.

Investors can always benefit from working with someone who knows how to align opportunities with specific strategies.Are there particular types of properties or investment strategies you’ve seen gaining traction in the Seattle area lately?

I live in Asheville as well, and am happy to help you kick around strategies.