My back-of-the-envelope math shows a potential ROE of <6% (assumes pushing rent, 50% expense ratio, and 20% down at purchase).Pull your capital and use a 1031 to get into a MFR that will provide better returns.

Also, be certain to pull the appropriate permits and have the required inspections.

Most investors don't pull out 100% of cash invested most of the time.Having a narrow business model like Jason can work if you get enough deal flow. 

My intention is pull some cash out of our market funds and start off by buying a SFH buy and hold property.Absorbing all the information and formulas though it's become pretty obvious to me how difficult it is to meet the 2 (let alone 1) percent rule in the Seattle area.

Don't let your fear stop you from pulling the trigger.Have you made mistakes on this deal already.

:-D I closed a few weeks ago on 128 Beaufain for a new build.. as well. and my bank pulled up an old article of that one having flooding issues at king tide.. so we did fill the lot a tad..

You budge on this, they'll start trying to pull your leg on more issues. 

For mobility issues, generally showers are preferred, no lifting of the feet to step over a tub side or to pull oneself out of the low sitting position. 

Does not include pulling the county permit at 3500.

We find that it's beneficial to have an open source to pull funds from quickly, meaning we can move quick and get the deal done.