The later is critical to protect your investment.

Thats a great way to profit of $177K in a year but she did know the contractors and the has an eye for those type of quick turn arounds.You will see multifamily 2-4 units a ton of duplex 2 units for under $250K again these are usually not turnkey fully renovated properties but they will pass an appraisal without being subject to any major repairs.

Now, I see you are in Seattle, which much like Portland, has extensive tenant protections.

The only thing I would advise is to keep a close eye on the HOA fees, as that's where the cash flow can get squeezed.

You certainly want to vet your property manager to ensure they are focused on balancing asset protection with tenant satisfaction.

I simply wanted to exit two deals to begin gaining credibility in the eyes of hard money lenders.

Some kinds of auctions allow you similar protections as a traditional sale.

You can verify us through the following link: https://nmlsconsumeraccess.org...Our Lender License is issued by the California Department of Financial Protection and Innovation.

For home protection I prefer a 20 gauge pump action.

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