Does this effect all of King County, or just Seattle proper?

By 23 I figured out that I had to become the Cold call king.

So, I'm just offering an alternate POV + explanation here ... that and occasionally stirring up trouble with all the "cash flow is king" investors out there for fun & educational purposes ;-p In that spirit, I only paid $240 also, but they were only renting for $2k at the time ... but what do you know, today they are worth $450 and rent for $3k ... look at all that "dead equity" the market has created for me, I must be one heck of a lucky guy, LOL.

. $60,000 to $100,000 per year and you can live like a king/queen here and many other parts of US and the world.And, something many people don't consider is how much less things costs when you have flexibility of time.

I'm not sure if county governments also issue CAFRs - a quick google search indicates they do.Specifically on the suburbs point - For instance, when I wanted to make a deeper analysis of Kings Mountain, NC, I could not find a proper CAFR issued by the city.  

Cashflow is king when you are getting started as most young investors can not afford to let their money sit stagnant for prolonged periods of time.

have never read the book.. but I can't see how yearly income relates to one's success.. one who makes more money may do a lot of cool ventures that have nothing to do with real estate that are really rewarding to them.. like charity,, travel.. camping extended time off all sorts of things ( we commonly call smelling the roses).. that can't be measured.and then of course you have that definite little nugget really depends on where you live and what your basic housing cost are going to be.. someone living in NYC  maybe can barely squeeze by on 500k a year whereas in fly over country or some Mid West MSA were median home prices are 140k and gas is under 2 bucks and food is 20 to 30% cheaper at restaurants etc etc you live like a king on 10k a month. 

Cash is king....cash buyers buying fixers are the ones finding deals.

We started with this strategy in 2013 and have 6 properties in King County / Seattle now.Like Gray said, yes a higher purchase price won't change your down payment much but if you're only putting 3.5% down its unlikely that your lender will give you a very high pre-approval amount.

@Tom AielloLearn creative financing and how to negotiate like King Kong and you won’t have to come out of your pocket anymore