I do plan to eventually go somewhere where there is more water - like the Pacific Northwest or Colorado.

I maybe spent 15k to figure it out :)  It would have been a pretty ambitious project build a road 30 miles down to a city on the pacific and build a log landing and a debarker etc. 

If you are looking for equity plays out in the Pacific Northwest drop me a line.

@Daniel Lambert- Seattle is and has  been priced high for years ......a  year  ago with rates  < 4% your  1%  target was  closer to working  ,,,with  rental  rates now being  7-8%  range - no way this will occur ......also a  duplex for  700K in  greater  seattle isnt  realistic   ...Maybe on the outsirts   (  auburn / Pacific / Monroe  etc .....)   

As a Pacific Northwest native, I’ve seen firsthand how the region’s unique blend of natural beauty, vibrant cities, and year-round attractions make it an incredible place for short-term rental (STR) investments.

People are starting to discover the Pacific Northwest. 

PEMCO in the Pacific Northwest.  

$6,450 for a house on the Bay in Pacific Beach, San Diego and $3400 for a 3/2 with an ocean view in Ocean Beach, San Diego.

A better movie for this topic is "Pacific Heights", where Michael Keaton's character makes a rent pre-payment (and engages in some disturbing behavior as well).

But I suppose you could say I want to do something like what BP’s James Dainard is doing in the Pacific Northwest.