While some of the answers were different from each other, I completely agree with all of them.

Just looking at Zillow I’m having a hard time making the numbers work between prop taxes, insurance, management on 20% Down vs cash currently earning 5% (albeit that 5% going away soon with rate cuts)  To be completely honest, there's not much right now that will give you decent cashflow without getting into a full rehab.

There are two items that you need to completely solve this problem for your rehabs: properly built Design Boards and a Finish Schedule.

This is how they ensure the work is completed and the project is staying on budget.The questions you should be asking are what is the draw process.

 @Sheri Fluellen, I completely undersand and I hope it works out for you.

@Troy Smith If this is your first BRRRR deal I'd meet the appraiser, shake hands, and provide a paperwork describing all the renovations you completed.

Once I've completed these initial projects and built up some capital, my long-term goal is to transition into buy-and-hold investments in potentially more affordable markets to maximize cash flow and scale up.Right now, I'm particularly interested in investing locally here in the Seattle metro area.

You're completely right though, inventory is very low all over Shasta County.

I completely agree contact @Russell Brazil, he is very knowledgeable. 

Should be complete February 2020.