Quote from @Chris Olandese:  I like this too - it's very definitive which matches my work ethic.

Let’s definitely connect—I’m always interested in collaborating or sharing ideas related to investment opportunities in Washington!

It's definitely priced to sell, but I agree, this would be more stress and more time.Please do let me know if you have any referrals for lenders and attorneys, thank you!

I'd echo what Drew says.While I don't have as much experience with DHC, I do have a few S8 tenants and definitely agree with his final thoughts...

If that continues then I'm definitely out ( and we will see).

I am not opposed to the idea but definitely need to get more educated on the details such as where exactly, is it too crowded of a space, how to be competitive, maintenance requirements for a beach rental, etc.

Thank you for the insight Corey, definitely gave me some things to think about! 

Appraisals are unreliable, but there are definitely places like near me where you can make the money off of resale. 

However, if both are desirable and available in your market, I would definitely choose smaller multifamily (1-4 units) hands down. 

I definitely am leaning toward the first application being the one for me, and I appreciate the advice to make sure it is a good tenant in addition to just being a flesh and bones human who (might) pay me the rent on time.One of the advices I read above was to be a bit less discerning perhaps and get someone in the door for 6 months at a reduced rate, and then find my golden tenant in the summer.