So it was going to require more tenacity by you to get the deal sold either way.  

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

These deals typically require larger cash outlays (50k-100k) per deal minimums.

I’m trying to keep things moving, but this $20K requirement is throwing a wrench in my plans.

Right now there's huge concentration, but as this continues to build out and we see north of the high 30s GW by 10 years from now it'll be almost a requirement to keep some type of locality based risk assessment and to diversify. 

I'm interested in learning more about owner financed deals, utilizing HELOC's, and the ongoing demands and requirements of being a good landlord/property owner. 

In your opion #2, would that require you to rent a home in Seattle?

These tend to attract more reliable tenants, and the properties generally require less maintenance.

Hi Grace, I have an amazing DSCR lender that has no seasoning period requirement and an amazing property manager (both a lot of my clients and myself have used!).

That 2nd requirement is  what makes it close to basically impossible with a W2 job.