It will NOT drop when you hit a 20% equity like it did in the past.I researched the areas (schools, access to highways mostly) and I found that the Mesa Park area is fantastic for my aim of initially living in then renting out my primary residence.I bought the home around May/June which was the up swing of the market, now you can find homes for 10-15k under list price.

Which would be fantastic but most everyone I know has a harder time finding the funds than finding the deals.  

The resources here are fantastic.  

The challenge, of course, is that the units need to be filled and the value is tied up in equity and not cash in our pockets).To be clear, the property managers have done a fantastic job with the other aspects of property management: maintenance requests (and there have been a lot) have been responded to promptly, data is readily available, we’re able to jump on the phones often.

@Jessica Grewe I'll send you a PM.Ryan Poske That is a fantastic question, to which I will do my inexperienced best to try and answer, but would like to hear other input as well. 1.

I own a house that's on a fantastic cul de sac in arguably one of the best suburbs near Seattle- sammamish and I have good equity in house but debt from starting up my medical business.

Fantastic. 

The above is just a risk worth considering in this timeframe of fantastic real estate performance, but now upward movements on interest rates and some economic uncertainty.

All:Looking at a trailer park that a very trusted agent has told me is a fantastic deal.  

Fantastic idea.