Which means there may be some elements of a distressed property.

Well, unless one gets behind.Advantage of stocks is less to think about, I could probably just setup an auto-transfer each month and that's it.Curious what other considerations you might make when comparing the two.

Specifically: "Under Florida law, Citizens may write a new insurance policy only for property that meets one of the following eligibility criteria: Coverage is not available from a Florida-authorized insurance companyPremiums for coverage from Florida-authorized insurance companies are more than 15 percent higher than the premiums for comparable coverage from Citizens"The entire state has the potential for sinkholes due to our geology (limestone is not our friend). 

With regards to tenants I guess that’s the risk we all have to take, I might be wrong but I’m guessing in places like lowell where the rent is cheaper the quality of the tenet maybe more unpredictable compared to closer to Boston, what do you think?

1) economic status is stable ... nothing too dramatic pending one way or the other 2) market in pierce county healthy ... more inventory than king ( Seattle )3) most of Tacoma’s suburbs seem much closer in proximity to the city as compared to Seattle ... there are a few areas that will be lower in price ( and not as desired ) 4) 

The market is at decent price right now(compare to other major US), but getting higher every year. 

Returns don’t seem to be as good as a rental property - What are you comparing this to?

However, one of the owners who just purchased a neighboring quad asked if I would be interested in going in on a bulk W/D purchase, so there's a very good chance that comparable units (literally next door) will have W/Ds in them.

My fiancee and I have been "driving for dollars" and have been sending out mailers to properties that look neglected and/or just kind of look like crap compared to the neighborhoods they are in.

. - thats fix and flipBRRRRbuying property for $400k, ARV $700K, will try to save in renovation but will still come out to about $140keach 3 bedroom apartment in area is going for $2,300/month (confirmed with rentometer and local listings) Taxes are $5,300/yearso what I did was $2,300/month each unit = $4,600/month75% of $700,000 = $524,250 at 4.25% = mortgage payment of $3,943.82/monthWhen you add water, tax, insurance, maintenance I am getting another $1,138.75/monthso in the end you negative cash flow ($482.57)I know the property is being bought at the right price, compared to location, but can that be possible where a property makes sense as fix and flip and not as BRRRR?