Lenders look at what is called "the five C's of credit": Charactor, Capacity, Capital, Condition and Collateral.You may be weak on one of the C's, but if the others are strong enough, it will get you a loan approval.

Simply buying off the MLS when the market is strong like is is now, is a poor way to find deals.

So those types of buildings can sit for a while to get redeveloped when not in an urban core or strong suburban location.Retailers for brick and mortar are averaging about an 8% purchase return and exchange rate on merchandise.

Ultimately I'm looking to build out a strong portfolio of passive income generating properties.  

Cost of contractors has certainly gone up.As far as the local economy, it's strong and diversified.  

You'll need comps that are sold as close to you as possible, as recently as possible and similar in size, style and features as possible.Good luck!

Everyone is talking about the coming housing correction but I think Seattle has very strong fundamentals that it will be able to weather the storm quite well. 

I hear what you are saying, but for me , being invested in Index Funds, as well as RE, has done well for me and is pretty balanced.I hope and pray 2019 is a nice strong year for all of us!

I've never been to any of the groups here so very excited to get get things going strong right away.

You have your entire future ahead of you - set a strong foundation and you will be successful!