The importance of lowering expenses and increasing efficiency to maximize property income.

@Marc ShinAbsolutely.Board games are not that expensive and are worth adding.I see cable TV channels as a must along with smart TVs.

- very low remaining mortgage balance!!

Could be tricky and expensive to do. 

One is the $10,000 repair expenses.

I would search for a property that has a low interest rate Fha or VA loan.

Two of the biggest challenges I face are that I’m not very liquid at the moment, and the Seattle area is extremely expensive.

@Bonnie Low this is great info and exactly what I was looking for.

Low or no down, seller financing and low or no interest with a balloon payment later is the holy grail (location, building condition, market also matter but it sounds like you have all that).

Do you believe it will now be more cost effective to hold a license or do you believe the expenses will go up with what I assume will be a flight from the business by low producing real estate agents?