Car wash is definitely more hands on, but has the potential for good monthly cash flow, if that is what you are prioritizing.

Yes I understand that is hard to come by somebody who will prioritize your time to make it over there, which is why I'm asking for the advice.If you think a property manager is $80 a month I'm not really sure what world you're living in.

In effect, Memphis is encouraging collaboration and vibrant, inclusive communities.My goal is simple: make a difference in my community by changing the perspective on renting and home ownership.

I would be collaborating with a team that has direct experience re-positioning these properties.

Amidst the current economic uncertainty, are you as an investor prioritizing cash flow or appreciation in your passive, or active, real estate investment strategies?

Chris, if the property is stabilized and cash flows well or has realistic net income upside; as others relay here - try negotiating down to a lesser DP (running out of liquidity is not good) AND/OR partner up and slice the equity with another investor (your holding entity can split out the % ownership / and you have other partner(s) collaborating); you could structure those with less than 20% ownership to remain as a silent/passive investors (having no managing capacity and no voting rights....just a thought.... 

If it is long term there are many nice areas in the Seattle area to choose from and I would prioritize where over anything else.

Pace Morby and Jami Damji collaborate on big business ventures.

@Dillan Stoor definitely interested in collaborating on something in the future though

Learning to prioritize like an investor, Knowledge and asset (sustainment, protection, and leverage) must come first. 3.