I think the economy has a number of diverse employment options, lower prices than King County while still being within driving distance.  

Quote from @Franklin Perez: You don't need a license to invest, and it may actually hurt you.

Our lender has informed us that we need 12 months of rental history to use the actual rent for financing purposes, or we must rely on the appraiser's fair market short term rental value.

If you're considering purchasing under a business name, consult a CPA or attorney for setup and financing options.

I know there are a lot of options, especially since they are family and willing to carry the loan. 

Off-market deals give you control over pricing, terms, and creative financing options.

Dismissed, actually more like Marxism!

If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.

I'm open to helping you explore your options.

Stessa is a pretty good option but only for the management portion.