Fannie & Freddie could be a great option for you but they have some strong requirements, Net worth, experience, liquidity, DSCR just to name a few.Happy to connect & see if that product could be a good fit for you.

It’s not the most simple task unfortunately - definitely requires some technical skill.

It also has a dashboard where you can see how far along you are with meeting the 750 hours requirement with at least 500 hours in material participation and 250 hours in general participation.

So it was going to require more tenacity by you to get the deal sold either way.  

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

I’m trying to keep things moving, but this $20K requirement is throwing a wrench in my plans.

These deals typically require larger cash outlays (50k-100k) per deal minimums.

Right now there's huge concentration, but as this continues to build out and we see north of the high 30s GW by 10 years from now it'll be almost a requirement to keep some type of locality based risk assessment and to diversify. 

In your opion #2, would that require you to rent a home in Seattle?

These tend to attract more reliable tenants, and the properties generally require less maintenance.