When the market saturates, the investors find new opportunities.

I get it that you want to build a compound for yourself and your parents but unless it has to be specifically that lot in that city, being able to build 8 units is a pretty rare opportunity, wouldn't you agree....Again , I am just spit-ballling since you need to look at the numbers like construction cost per sq ft and prospective rental income.

It’s a great area full of opportunity.

This will be a great opportunity to network with fellow investors and share some ideas. 

I definitely want to learn all I can about various real estate opportunities. 

First, I undervalued the opportunity cost. 

I would be very interested to see you flesh out your plan a bit more, and explain why someone would buy the land because if done properly it could be an interesting opportunity.

Or you could simply just include a flat fee in the rent and advertise the units having certain utilities paid for.Offering below list price is difficult (but not impossible) in western WA, so you need to identify other value add opportunities that will decrease expenses or increase cash flow.

I would love to have the opportunity to help locate your daughter's first investment property.

I personally invest in apartment complexes where I have a lot more control over my investing and potentially gives me the opportunity to scale a lot quicker by bringing on more investors.