That said, for an all-cash transaction you can negotiate down to $750 or $500. don't forget to factor in all of the other possible fees, depending on who is paying for what in your contract:Title insuranceTitle search feeSeller document preparationGovernment recording chargesTransfer taxesElectronic record fee

So I had a little comfort factor with "boots on the ground" with someone who knew the area really well.Best wishes to you, and welcome!

Hi BP Community,We are selling our property in the country side of Portugal (Constância, 1 hour away from Lisbon), and would love to ask you guys if you know anyone or any investment fund that is looking at acquiring these types of properties overseas.It is a rural tourism property with great history, currently used as a 10 bed boutique hotel.Below some additional details:Location: Quinta de Santa Bárbara 2250-092 Constância, PORTUGALSize: 38,410 m2 (413,441 sq ft) of land, and 3,200 m2 (34,444 sq ft) built areaCondition: working hotel with 8.9 rating in Booking.comNumber of bedrooms: 10 (project to increase capacity to 21 rooms)Restaurant, bar, swimming pool, tennis court, small gym, space for events with 200 people capacityPrice: €1,950,000 ($2,261,970 at today's exchange rate)It is surrounded by famous historical landmarks (such as "Fátima", or "Convento de Cristo"), and it has an historical background. 

When a neighbor calls to complain about detached-home tenants swearing loudly, other than saying "tell me more" and letting the caller vent, any favorite phrases I could use to let them feel heard without triggering wounds or having the conversation dragging on forever? 

@Fan Bi, I guess not :)  But don't worry, the location of your QI is not a factor that should prohibit you from completing a 1031 exchange. 

I've found the biggest factor is proper pricing.

There are a lot of factors involved in this decision and ultimately you have to decide what is best for you.

Like I said, this would be my first REI and I really don't want to make a big mistake on a deal, but based on the numbers I've come up with, this property would cash flow about $500 initially while the loans are being paid back, but should generate in the area of $1800 once the loans have been repaid.At this point, I would be willing to take on any positive income, but I'm sure there are factors that play into this that I know nothing about.

Your CapEx depends on many factors such as age of the building, location, recent upgrades, etc.

Snohomish County is a great area to invest, and the airport at Paine Field will be a major factor.