We work closely with Holt Homes across OR/WA and new home sales are spiking big-time.

If the property is listed on Airbnb/VRBO it will be hard to transfer reservations and that could be a huge pain if the seller is not helpful, even after closing. 

Anything say close to 300k and up is moving at 2009 levels with maybe 20% selling and the rest stagnating.

Try looking at it a slightly different way with some quick math:$900,000 sales price$22,500 cost of purchase (appraisal, points, lender fees, title fees, etc - 2.5%)$90,000 cost of sale (10% commissions, closing costs, buyer credits)$64,000 carrying costs (6 months at 10%)$25,000 additional carrying costs (6 months taxes, utilities, HOA, misc)$100,000 rehab cost (the number used above)$68,500 profit = $530,000 max allowable offer.Some numbers may be a bit high, others may be a bit low. 

If you know you know) Welcome to the forum Jim, plus your a #1 advice giver on BP which is pretty close to winning a Tony =) Best of luck 

So, before I close on this house, I would like to hear all ideas on the best use of this money taking my goals to account.

Since you're new, going to guess you haven't been watching your rehab project closely - out of sight, out of mind!

I got burnt many times, thats why I don't stress anymore about making quality choices. 

I would think through where you ultimately want to land for personal and family reasons and allow that to inform the choice as well. 

So I took a break from pursuing it for a while and now I want to get back on it again but I want to do it here in Seattle-Tacoma area where it’s less competitive and I can work on it closely while I’m starting out.