I recommend considering a 30-year amortization schedule with a balloon payment due in 5 to 10 years.

If yes, what would you recommend I do if broken down in steps?

I have also used First American Exchange and couldn't recommend them enough!!

I highly recommend checking out this blog post and considering these states for your next investment. 

If you're looking for an all inclusive software I would recommend RentRedi, you have access to this via BP if you're a pro member.

Also, any other contractor recommendations in the North Seattle area? 

I would recommend you find the exact wording that makes the existing home not eligible to STR.  

This is a great place to share thoughts, ask questions and learn from the experienced investors throughout the BP community.For new PRO members, I recommend 2 things:1.

I'd highly recommend looking at going to the Investor lab events or join the local REI.

That said, I'd recommend focusing on locations with high sales volume as you will have more options to choose from in these locations.So far this year, 240 multifamily properties (2-4 units) have sold in the Bronx - Source OneKeyMLSThe neighborhoods with the most sold properties are:- Wakefield and surrounding North Bronx neighborhoods (31 sold in '24)- Throggs Neck and surrounding Southeast Bronx neighborhoods (31 sold in '24)- Pelham Gardens (30 sold in '24)- Pelham Bay (28 sold in '24)These areas account for 50% of the recent Bronx multifamily sales... focus here to have more options!