Happy to answer any specific questions you have. 

We have a somewhat specific wishlist for lending requirements and terms that I will highlight below.

Wanted to get some thoughts from more seasoned small multifamily investors on a few items or any other suggestions:- Any specific pros/cons of any particular states in SE (TN, AL, GA, NC, SC) to consider?

The reason I ask is if you're starting a "non-real estate" business, I'd recommend NOT using that business to buy any properties but use a real estate specific LLC to acquire your properties.

Here are the specifics on our Seattle house: 5br 4ba 3,400 sq ft, built in 2019, $1.7M est sale price, $5.5K-$6K/mo est rental value, 4.0% mortgage with $3.3K monthly payment, around $1M in equity. 

I have 7 MTR and my income is 1.7x my long-term rates ($1200 vs $2000), but that is very specific to my properties, my location, my business model, etc. 

I would focus specifically on markets that are landlord-friendly.

Specifically, must this be a commercial/business loan type where you have higher rates and shorter loan life or is there an alternative loan type? 

Listen to podcasts, read books, and if you plan to invest in the Netherlands find some resources that speak to that market specifically.

My advice would be to specifically retain a potential eviction attorney from the start, in order to be prepared for how this *may* go.