This seems very overpriced imo, however, if you want large tax losses to offset any other gains from other stuff then it could be a great deal if you think their could be appreciation.It's all about your internal and external goals and what you want to achieve, but on a purely numbers basis I would pass.

Otherwise let’s grab a coffee and talk through what you would like to achieve and see if we can create a plan for that. 

Now to put it to use to achieve my RE goals...What I learned from Bryce Steward's amazing BP podcast episode is that he owns all his properties within 2 miles of each other. 

Although I'm a bit hesitant because this would be my first real estate purchase ever (I don't own anything right now) I have first hand experience of the Amazon effect on a city as I have lived in Seattle for the past 4 years.How does everyone feel about buying now?

So, unfortunately, I have zero first hand experience at getting commercial loans. 

And then comes a point when you decide whether you want to scale up or you're comfortable with your achieved state.

They are more focused on having you sign up people under you to achieve overrides (commission) on loans they may close.

Will this property achieve a personal investment goal for you?

Webster defines investing as "expending money with the expectation of achieving a profit".

February, March, April is when sellers achieve the highest prices.