I compute valuation metrics for various states/counties in my data analytics LLC, as well as for multifamily investment out of state.As of Q1 2020 data it looks as follows: while Washington state is among just 8 overvalued states nationwide (>10% overvalued based on deviation from historical price-income relationship), King County (Seattle-containing) was the least overvalued at ~2% valuation. 

There are newer 4bed homes under $500k and maybe even under $450k to be if you're comfortable living in the more blue collar parts of the city as well as some larger historic homes that could be easily be converted into 4 or 5 bedroom houses if you're comfortable buying a home that needs some renovation.

@Robin Ji it is definitely possible, historically speaking, to buy and hold in your market, but it is going to be pretty tough currently to make sense of anything.

However, historically, the two have tracked each other fairly closely.

I live in a historic, highly desirable family neighborhood near downtown Orlando.

Before I buy something like this, I do two things: (A) Pull the building records from the County, as you mentioned and (B) Investigate historical City record at the Historical Society archives - this may tell you how long ago people started living in that unit separately.2.

We have a hotel rehab project underway and are looking to fellow investors for support - the historic Monarch Hotel in Pocatello is getting revitalized!

Rates are still pretty low (historically) and you get to write-off the mortgage interest.

Hacking sounds the most attractive for ‘first timers’ as I feel it may offer an easier landlord learning experience.We are both very driven and can offer sweat-equity, finance, legwork and simply outstanding coffee shop chat.While the Denver market seems very strong, indicators show no sign of stagnation, rates are historically low, we do have fears of buying at the markets peak without much room to appreciate.Seeking an experienced hand in gauging deals, get recommendations on reputable agents, join in financial partnerships, or simply get in touch with guiding angels.

To describe the area better, its very historic and there are 2 properties that are almost communist block style housing.