Hello BP -- I own and manage a property in Maple Valley, WA. 

The numbers look good:Location: Broadway HouseNumber of Units: 1Rent: $1,350.00 Square Feet: 1,666 Upfront Costs:Cost per Unit $95,000.00 Price: $80,000.00 Cost per Square Foot: $57.02 Cap Improvements & Repairs: $15,000.00Cash on Cash Return:19.84%Total: $95,000.00 Debt Coverage: [minimum 1.6] 1.78 20%Down: $19,000.00Capitalization Rate (ROI)9.05%Current Assessed Value: $29,666.00 Loan Amount: $76,000.00 Net Cash Flow per month: $314.08 Interest: 4.88%Net Cash Flow per month per unit: $314.08 Term (yrs): 30Total Rent/Month: $1,350 GROSS SCHEDULED RENTAL INCOME: $16,200.00 Less: Total Annual Debt Service: $(4,826.40)Less: Operating Expenses: $(6,470.63)Less: Vacancy and Credit Losses (7%): $(1,134.00)NET CASH FLOW: 3,769 NET OPERATING INCOME - (NOI): 8,595 INTEREST: 3,680 DEPRECIATION: 3,455 NET INCOME: 1,461 Property Insurance: $1,000.00 Property Management (10%): $1,620.00 Placement Fee(30%): $405.00 Real Estate Taxes (5.06179%) $1,501.63 Repairs and Maintenance (12%) $1,944.00 Services: Snow Removal: 720 Utilities: Electricity: N/A Gas and Oil: N/A Sewer and Water: $30.00/mo Other

The price however is 20%-30% less than what you could get for the same square footage almost across the street with a different city address.

If I'm a potential tenant, unless it's an area w/ a severe housing shortage no way am I paying your agent, no way would I even entertain your property after hearing that, it would be an immediate deal breaker.IMO if you want to use an agent, you pay them. 

I can share some ideas w/you but start w/a little education below.  

I'm wondering just how many investors and flippers are up in this area, specifically in the Anacortes, Burlington, and Bellingham Washington areas. 

Fred builds a shed that is actually on Jill’s side of the property, covering about ten square feet of earth.

Does the interest rate need to be based on an index if it is a fixed rate /w a balloon?

I am a licensed broker and own a real estate firm in Washington.  

I've flirted with the idea of quitting my day job to dive into real estate, but I haven't been able to take the plunge.I live in Washington near Bellevue.