Below are a few more thoughts on pros/cons.Pros: If you're new to real estate in general, you'll learn the mechanics of RE transactions, the governing laws and the key participants and services that support a transaction.You will interact with other realtors that may help accelerate your understanding of the market values and dynamics you're working in. 

The key, whatever price or country, is to spread a wide net when searching for the right candidates.

You have some components of your posts that have some components of being partially correct but if you are not completely correct on all components of your post, you are wrong.

Key words: Olympia, Tumwater, Pierce County, Lewis County, Mason County, WA, multi-family, landlord, self manage, property management, contract, lawyer,  

QuickBooks works great for real estate property investing and accounting - and the classes are the key to success.  

I haven’t ruled out turn key (or anything really) but I would prefer to brrrr and keep the appreciation for myself. 

I would video a walk through of the house showing the 20 major components of a rehab and place that video link on Craigslist.

Finding the right team in your market is key.

@Chris Connolly because you should just buy something turn key for $100k earn a higher return and not have to deal with a rehab

Not sure about year to balance - maybe that is a component of the forecast?