But then I mentioned to another local investor I had started working on NPNs and had invested with Scott, he hesitantly told me that he knew of another investor who had a real hard time getting their money back from Scott, he didn’t have a lot of details but advised me to be careful.

The only goal I had was to find/buy/create a deal... something other local investors would jump on.

The city has seen a rise in rental demand, especially for multi-family units, as more people are drawn to the area for its relatively lower cost of living compared to larger metropolitan areas on the West Coast.Investors looking to enter the Spokane market for small multi-family properties should keep an eye on key factors such as property location, rental trends, and local development projects.

My advice would be to maybe reach out to a company here locally that already has the relationships and the licenses in place and learn from them. 

I’m a math professor at a local college and teach personal finance and statistics.  

So once you know your market and your asset type then you can come up with your locally relevant 50 percent rule!

That is a local issue.

However you are familiar with the AK market, local contacts, etc.

2) Meeting current tenants? 

Local investors or agnets that work with investors will know who to go to.