(Compare it to your last repair bill)  Then I would dig deeper into the claim.

I don't have any experience with that company specifically, but assuming it is a 'build to rent' type program, I have yet to hear of anyone who has a completely satisfactory experience purchasing through these.Regarding the area that property is in specifically, it's going to be a very rural area, currently with low rental demand and a bit higher crime rates compared to the surrounding area.

The fees and clarity behind them are also concerning to me.SO my question to you is, why not look into other syndications and sponsors with long track records of solid returns and then compare there offerings side by side with this one?

And what would that be in % compared with the purchase price/total costs of the project?

Happy to go deeper with the OKC and Tulsa info we have and happy to compare with whatever you guys are seeing as well. 

A couple of points:1) Do not listen to a commission based RE agent or mortgage broker who recommends that you spend more of your income on housing compared to what is financially responsible for you to do.

Primary reason was as you already stated, that tenant laws in WA heavily favor tenants when compared to other states across the country.

This is why we see relatively low inventory here when compared to Queens and Brooklyn neighborhoods that are further from Manhattan.Many properties here have been owned for multiple generations and that says A LOT!

Good to think about if you are trying to compare occupancy rates with broad data.  

Which would then give me two properties appreciating and earning cash flow compared to the one with the ADU.