Hi Steven,It sounds like you and your wife, Renee, have a wealth of experience in the real estate and construction fields, which is a great foundation for starting your real estate investing business.Given your background in residential remodeling and home inspections, and Renee's experience as a real estate agent, you're off to a strong start.

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

Landlords will not be required to attach the Tenant Bill of Rights to residential leases until after it has been published.

It sounds like you’re bringing a wealth of experience from the commercial real estate world, which will undoubtedly serve you well as you expand your residential portfolio.

My business partner owns a residential property in Seattle outright (the title is in their name and they paid all cash).

Residential investing is not rocket science, knowledge is not the issue: there are many good books out there that walk you through every detail you need to know.

If you have 1-4 unit residential that's already cash flowing I would go DSCR if you have a ratio of 1 or more.

Is this a LT residential interest or more like a shared sober house living situation?

Great option for residential and mixed-use real estate investors! 

IMO, the best strategy for that type of individual is to purchase residential property in an area they are or can become familiar with; in an area where the neighborhood is “on the rise”, typically where demand exceeds supply and people are spending $$$ on fixing up properties.