I smell a fish....

Those are all pretty big fish, so you may want to check around if their pricing isn't in the ballpark you're looking for. 

When you are fishing for property if it makes sense with hard money, reel it in & throw it in the boat, then get better financing later to make an even better deal.

Marty - thanks for joining and  for the post/ question .......locating anything for < 200K  in the king/ snoh / pierce region will be tough to locate ...broaden your  search tools ...maybe locate a partner / agent that is well connected to  REO opportunites ......if you will need to use financing to acquire whatever you locate - make sure you have your loan pre approval formally in place

Imagine 100 people all fishing the same beach.

that area is one of the areas of rural or semi rural Washington that was or has been in steep decline with the decline in the fishing industry and logging industry.. and so its an area you can find those beater houses that work for BRRR.. that used to be the case in Longview but that's got spill over from PDX finally and prices have really firmed up but its a tough rental crowd .. don't kid yourself..

We both enjoy the outdoors - hiking, fishing, trail running, road biking, trying new restaurants and travel 6 to 8 times a year.

I asked because I want to broaden my knowledge base.

It's like fishing.

As it turns out, the seller (or more likely, the seller's realtor) is looking for a fish to fry in this deal.