So when I showed her my plan, she pushed back since this was outside of our normal household practices.

During that time, the median sales price of a home in the City of Austin rose slightly by 1.7% to $585,000, while the greater metro dropped 6.6% to a median price of $425,000.

Here's the latest market report (based on single family homes): Mortgage Rates:30-year conventional rate today is 6.61%30-year VA rate today is 6.14% Median Sales Price:July: $487,483August: $480,000Sept: $490,000 New Listings:July: 2,068August: 2,198Sept: 1,910 Median Days on Market Until Sale:July: 14August: 16Sept: 20 Months Supply of Inventory:July: 2.8August: 3.1Sept: 3.1 What does "Months Supply of Inventory" mean?

and recommending random markets with lower median prices than Seattle, like Ohio or Alabama or Kansas.  

@Joseph Braunyes, you want to be closer to the median price point in the city / market / state that you're in. 

In addition to some of the great advice above, I would put some serious work into your personal household budget and building up a substantial (6 month) emergency reserve fund.

In the event that your real estate market or the next closest town’s real estate market are cold or cash buyers just aren’t buying there, you can choose another town, area, or state if need be.In order to find a good market to wholesale in, type the following phrase into a google search: “median home price in tulsa oklahoma”Obviously Tulsa, Oklahoma is just what I used for this example.

The tenant segment we've targeted for over 17 years is families with elementary school-age children and a gross household income between $65,000 and $85,000.The only properties this segment will rent are:Type: Single-familyConfiguration: 3+ bedrooms, 2+ baths, 2+ car garages, 1,100 to 2,400 SF, one or two stories, lot size 3,000 SF to 6,000 SF.Rent range: $1,800/Mo to $2,300/MoLocation: See the map below for the areas where our target tenant segment chooses to live.What has been our results following this process?

What is the median income and can market rent be achieved?

https://www.har.com/content/department/mlsHouston Real Estate Highlights in September, 2024:-Single-family home sales increased 1.7 percent year-over-year;-Days on Market (DOM) for single-family homes went from 45 to 51 days;-Total property sales were down 3.3 percent with 8,228 units sold;-Total dollar volume was statistically flat at $3.3 billion;-The single-family median price was up 1.1 percent to $335,000;-The single-family average price edged up by 0.3 percent to $415,435; -Single-family home months of inventory registered a 4.4-months supply, up from 3.4 months last September.