The tip of late on taxes being highest stress and converting to deals comes from my research not my first hand experience.  

I've had a couple of buy and hold properties but now I'm actively looking at ways to achieve more passive income through short term rentals and multi-family units.  

I am really excited about money and I would like to live out my dreams, and maybe help other people achieve theirs while I am at it!

As they say " Deals of a lifetime comes every day".15% Cash on Cash/ 25% IRR are pretty achievable south-side Tacoma, Lakewood, etc.

I'm sure you'll find an immense resource of networking and information to help you achieve your goals!  

Domestic partners can combine their interests to achieve the required 10% or 25% interest in order to occupy a unit.The Ordinance generally permits the eviction of tenants from only one unit for the owner's use and occupancy.

I feel like purchasing a duplex, living in one unite, renting the other out, and purchasing a deal where the numbers work correctly to where my living expenses would be paid for by my tenant, would be an excellent way to not only help me achieve my goal of paying off my student loan debt, but also help me get a taste of what land lording is like to see if it is a route I would enjoy taking. 

I developed criteria that reduce the risk that the investment does not perform well.With that approach, I am about 2 more properties away from achieving my goal.

- Seekng to create passive wealth to achieve financial freedom (3-5 year target)- Looking to scale up to at least 10 rental properties in 3 years.- Interested in rent and hold SFH, MFH and >4 multiplex properties.- Happy married with 2 kids!

And all of this will yield first hand experience and perspective in our market so that when we do move towards property management, we will be able to have a much more sophisticated discussion about our needs and expectations due to the fact that we have done it ourselves.