@Nando NachiYour budget will dictate where you buy in in the Seattle Market.Plenty of areas on the rise especially with low inventory.With Condo, keep in mind some HOAs will have to weight in on structural changes.When it comes to schools, most buyers laser in on the school district.

That is a huge weight off my shoulders. 

Thanks Its a similar concept to Weighted Average Least Term (WALT) you want to know 95% of "what" a 95% occupancy of all 10x10s still isn't meaningful if those last units are crap locations and won't ever be rented

I don't think in this market I would be putting much weight into the 1% rule.

I agree, the term itself seems to have been the result of backroom jargon as any pool sold or collateralized will be based in part on the WAM, Weighted Average Maturity of the obligations.

  ^ To touch on this point, Jerome Powell just recently said this exact thing as one of his two trains of thoughts:To hold rates longer, and put some weight on it OR to jump up it quicker and hit it down hard faster. 

And give more weight to a business owner providing you a suggestion rather than just some broker saying "I can do it".  

There are things that you can do as part of your lease requirements to lessen your liability or shift the coverage to the Tenant. 

If you can mange to get even a little of his advisory time; it's worth it's weight in gold. 

Pre-screening can lessen the number of unqualified applicants and lessen this issue, but when a landlord decides their process they usually choose whether to pre-screen or not based on their own needs and saving their own time and effort not for the benefit of the tenant/applicant.