Its in a good area of the city (lincoln park/lakeview) with decent traffic. 

I understand such failure rates in training, I was an Air Traffic Controller (ATC) in the Army.

In terms of finding properties, it has its positives (most widely-used site) and negatives (harder to find "deals" here because the site is over searched with a lot of traffic).

Pacolet is a small mill town that only has 2 traffic lights.

If you go just south or north of Seattle, you will find nice areas with decent prices, such as Renton, Kent, Des Moines on the south (which I like more than the north with bad traffic and really bad commute) or Bothel, Lynnwood on the north.

As another datapoint, I frequently check the web traffic of the big players as a proxy of popularity, investor views, etc.  

You still need to drive traffic to that site and convert some number of that traffic into leads.

I think they're still operating only in California(correct me if I'm wrong) and haven't read much other than forum comments or a post from this OC broker http://malakaisparks.com/why-haus-will-fail/.The sites traffic doesn't seem to be growing much so who thinks this is still going somewhere?

Either way better than driving through Boston traffic to find a networking event.  

The area is low income, but high traffic and investors are actively converting homes into small multifamily units.