My name’s Eric 👋 I’m a Michigan native & after spending 4 years working as an Instagram Software Engineer down in San Francisco, I moved up to Seattle to start a new adventure with my girlfriend, Wanda.Back in 2020, Wanda and I went on a life planning retreat to discuss our high level goals for the future + how to start executing on them.

We file jointly.I am retired and wife is a novelist and can work from anywhere, perhaps she could write off the 4-5 months of rental as an expense, writers retreat, plot group workplace etc.

I have a dream of getting a big boat and traveling about the world exploring far off countries and staying at getaway  retreats.

Most of the tenants are middle aged to older couples who use them as "summer retreats."  

Real estate became an option for me since I started fanning the flames of a dream to own a lodge in Colorado to host men's leadership retreats.

Risk can be managed in two other ways than just holding houses which will all melt when markets retreat - there is Zero protection there from market correction.Two better approaches to Asset Preservation are: 1) insurance *Hedging strategies - which should cost about 4%, and there is no need to hedge 100% - only in accordance with the amount of protection you want. 2) building capital in to a much greater sum - which can only be achieved by putting your money to work and not sending it on a permanent holiday - as Buy and BeHolders do.

My wife and I have actually created a personal retreat weekend to plan out 2019.

Has two master bedrooms and bathrooms, one on each end, the main master up front also has retreat/nursery/office with new metal roof in Wallace NC that has to be moved if you may be interested in it and have somewhere to put it $34k!

So unless you are buying a place there for other reasons - a family retreat or the hope of future price appreciation - the income numbers aren't too good - you simply don't have enough rent-able days in the year to view it as much of an income investment.  

I will make ~10% net profit from the sale.I think the housing market will retreat in Seattle area in the next 1-2 years, the full economic impact of the virus and lockdown is not yet showing up in RE market yet.