Good afternoon
New investor interested in multifamily. No experience, no deals but wanting to get started.
Thank you. Aaron

I sold my Ca properties and bought in Wa state-some were in a 1031x which continued. 

Not just the Naglee Park area but the areas around the university and San Pedro Square Market have really been improved.

However, I'm looking for recommendations for a tax professional/CPA in the Seattle, WA area preferably the Kent, WA area.

@Zachary Bannon in terms of asset classes, would you be open to a smaller square footage single family?

The 31-story, 552,000-SF trophy office development was purchased in February at a significant discount due to upcoming vacancies, allowing CoStar to relocate 500 employees from Washington, D.C., into 150,000 SF.

For example, most new constructions are costing around $250 a square foot whereas turn key is costing approximately $300-$350 a square foot. 

Open to any ideas.We live in Texas but all the rentals are in Washington state, if that matters.

. :)Potential Markets:Gulf Shores, ALCorolla, NCRockaway Beach, ORMyrtle Beach, SCCharleston, SCPort Aransas, TXOcean Shores, WA** I assume the California coastline is not cost-effective, I never see it on a list of recommended vacation rental.** We love and have connections to Hilton Head Island, SC but know it is hostile to STRs.** Slight bias against Florida due to anticipated stress and anxiety of watching a hurricane hit your vacation home annually, ha.

I think of Joe Asamoah with the Section 8 strategy deployed in Washington DC and keeping tenants for many years (even decades), but maximum reimbursement appears to be $3,740 for 4 bedrooms and market rate family tenants will likely turnover every year or two as they would likely be looking to own in the area.I think rent by the room (students or university professionals) would be the best way to cash flow the property while paying off the mortgage.