Just keep in mind each persons situation is completely different and small things can make a big difference in rates, fee's points, terms, etc. 

Purchase price: $189,000 Cash invested: $40,000 Mid-term rental property in a college town.

In the professional opinions and experiences of the investor community, what place in WA state would you invest in a Long term rental?

I would use an experienced broker who can shop around and help you compare best terms on a National basis.

I"m not sure you could find a better group in terms of knowledge and support. 

Personal Name for PurchaseLLC Loans: Loans for LLCs usually come with higher interest rates and stricter terms because they’re considered commercial.Personal Loans: If it’s your first property, buying under your personal name might be easier and get you better terms.

I'm looking to finance the project long term in a way that is helps me create positive cashflow.

With careful planning and consistent effort, you can create a portfolio that aligns with your long-term goals.Good luck!

If not, at least make sure that you get a term sheet.

What about rate and term refinancing?