Long term buy and hold strategy for at least the next 5-10 years.Any thoughts on how to take this on or watchouts besides?

I have an opportunity for a subject to deal in Washington state. 1 - What would be best way to hold title?

Investment Info:Single-family residence buy & hold investment.

Does anyone have any ideas around this?

They may need to access cash or move to a more suitable living situation.Tax Liens or Legal IssuesOwners facing tax liens, legal disputes, or other complications may want to sell their property fast to resolve these issues without further financial or legal consequences.Burnt-Out InvestorsReal estate investors who are tired of managing properties, dealing with tenants, or facing constant repairs may decide to liquidate their holdings quickly to invest in other opportunities or simplify their lives.Understanding these motivations can help you tailor your approach and offer solutions that address their specific needs, making it more likely you'll secure a deal. 

@Rick Albert That is a great idea, the problem I am having in CA is that the lenders I’ve spoken with have told me I don’t qualify for a necessary loan amount based on my income, even if I were to do a house hack.

I don’t worry much about sloping floors, most homes that age have those issues but you need to make sure it’s structurally sound and if not then you need to have a good idea on the cost to cure.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Is there any areas in FL that seem like they could be great opportunities for long term holds?

If you're the kind of person that needs hard math and graphing to understand things, this is completely the book you need on building wealth through duplex living.If your wife is behind you in this idea, and can see it as a move to financial independence, congratulations, you're in the small minority, as I am.