There is 1% rule cas how deals in areas like Tacoma but it is not a passive investment like the out of state turnkey rentals.

I was highly leveraged going into this deal as I used a lot of my own cash and credit lines to tie this deal up as banks can move really slow when you don't have the relationships in place.Now I just have to figure out a way to tap into this equity and leverage it as collateral for another deal. 

I ask only out of curiosity as I am new to the Colorado market and am looking to get to know as many of the shakers and movers as possible!

absolutely.. a really good agent will make as much if not more than the average investor. but its a lifestyle and a commitment if your going to be successful.At the least you will have a much better understanding of the laws process and you will meet the movers and shakers in your area.

Do you know any movers and shakers in your area?

I'm heading to Tacoma on the weekend, I'll have to check out the area!

I am looking to build a network of real estate movers and shakers.

Although the mortgage industry is obviously manned by idiots so maybe they will.Feel free to flame at me, if I dont' respond it's because I'm turning off the computer tonight as the movers are showing up at 8:00 AM tomorrow!

The property is in Tacoma, WA.

The guy may have nasty friends or relatives but on the other hand professional movers, who if warned of damages and possible suit might decide not to drive on the lawn.