Also, IMO cash flow is king.

Having an IRA is important tooDo some homework/due diligence on areas andStates where positive appreciation is king, or even where you see places gentrifying over the next five years.

What king of real estate investing are you and your wife looking to get into?

Vanguard is the king of this arena.In my experience, most people that state they are number 1 are fooling themselves.All that being said, I think it is a good idea to have money in stocks and RE. 

We have already started looking in South King County.

Cash is king, and if you have your ducks in a row, you can pull the trigger immediately.I see a lot of wholesalers struggling right now, but if you go at it 100%, you can still find the deals.  

I live in Washington state where everything is highly regulated, fees are out of this world, the west side (King Co) gov is run by commies, land prices are touching the stratosphere, the taxes are already there and anyone in a rural area gives 65% of their land away to native growth protection if they want any kind of permit to do anything on their property including cutting blackberries, a permitted activity here.

Also, CASH FLOW will be King (it always has been).Get educated on the rental property business.

@Carlito King Post the property in question and the comps you used to arrive at an ARV.

It’s essentially located on King County line, as the crow flies it’s just as far South as Edmonds, it has access to Snohomish County, East-side, Woodinville, etc.