My property manager who placed this tenant about 6 months earlier, charged me $2600 to get the property rent ready, and I just got an email today, almost one month after the tenant left, that it is now tenant ready again.

I am submitting an offer today on a property in the Seattle, WA Area.

Mostly self educated and I can thank a lot of people for helping me out on the way.

But then today when we went to the new apartment, the floor plan is totally different then what he described to us.

Some docs pull 500k into over 1 million a year for some surgeons.They do not need the money today and are looking for high quality assets with minimum yield and safer.Something like a Starbucks, T-mobile, and Aspen Dental 3 top at 6.5 to 6.75 cap and 4 million with 1 million down etc. is a flavor they tend to like to buy. 

You might want to renegotiate the option and get the tenant to commit to another additional 5 or 10 year term today.

I would use hard money to buy (and get construction loan from them later as well). 2) Let her know what my cash offer today would be, then refresh the offer price when she is ready to sell (building rapport along the way by checking in once a month).

Network and educate yourself while you focus on changing your trajectory.  

The way I am looking at this is that $5000 was a cheap education. 

The seller has been saying that he has realized how out-of-touch he is with housing prices today, and that future asking prices will be more in line with the market.I think Alpha and Bravo were steals.