@Bobby Holley Appreciate it Bobby - and yes those palm trees look incredible after its first haircut in in decades. 

Ok but if understand what your saying the first batch of investors for some of these properties took a haircut.

You might still get a haircut if things get really bad, but at least you'd be ready to jump on the deals if they appear.  

My Landlord let my housemate open a hair cutting business on our joined front porch.

we looked at hard money when we were starting out and had to pass, it was simply waaaaay too much of a haircut to the tune of half the profit.  

Interestingly there's an old church in Somerville, NJ that's been for sale next to a place I get my haircut, maybe there's hidden value there :) lol I appreciate all the input! 

Next time you have your haircut, see the dentist, take a cab, order a drink from a bartender, or anything else ask that person if they think investing in Seattle real estate is a smart move.  

The manager is showing off to my mom her $100 hair cut, her brand new furniture in her room at the motel, and taking her family on $2000 cruises (bragging about how expensive these things are).

Brian Zabowski ,I'd add a quote from a contractor, or if you plan on flipping yourself, a conservative flip estimate.If presenting in person (all of this seems obvious but these are the things I would do exactly): I would clean myself up as quickly as possible (fresh haircut and shave), in texas I'd wear starched jeans, a button down, boots, and a navy blue sport's coat.

Ask your husband what a "hair cut" is and Mortgage Backed Securities and 2008.