It's all situational as your age, goals, regeneration of capital,etc. all play factors in strategy.I know for commercial real estate maybe 4 out of 10 calls the investor might be a fit for me.

I started out in the real estate business at the early age of 16.

When I was growing up in STL that sentence would have seemed impossible.

Hint: If an investment property won't cash flow positively while paying back a mortgage of 75% its value, then it won't help you grow your investing career!

If you are holding long term for retirement then rent growth and appreciation in stronger markets over time could outpace cash flow.As net worth grows more investors tend to focus on appreciation and equity growth with tax benefits/  

The Olympia market is really fun and still has room to grow (with respect to other larger Puget Sound communities).

There is a great opportunity to grow in the near-future but i am eager to get this first property up and running.

One of my my goals is to retire by the age of 35.

Also depending on the age of the home and zip code it is located there may not be much difference between an ACV and Replacement cost policy. 

That’s a prime way to grow into multi families.