Upon resale the taxes could go up substantially.

You want to make sure that there is a substantial population of potential buyers should you have to take back the property and sell it

The number of employees relocating during start up is minimal and wouldn't take a substantial hit to Seattle's economy.

@Aaron Montgomery Not sure what you plan on investing in, but my advice is to make sure that you drill down very hard on whether these professionals have experience with exactly the kind of assets you plan to buy, the debt you plan to get, etc.Make sure that they don't just have some experience with these kinds of assets, but that they have substantial experience.  

I can see how these programs for non-profits can be beneficial to communities needing substantial rehabbing.

@Andrew FowlerDear Andrew,I am in the exact same situation as you, and have the same mindset as I am graduating from college with a substantial amount of student loan debt.

However, if you can make a purchase substantially under market that 9% may be worth it for a short period of time. 

Well both locations are within an hour drive of where I am and the investment for those properties are substantially cheaper in regards to where I am located (the boston area).

I would assume that it needs substantial repairs otherwise someone would have purchased it already.

We see a substantial difference in prices based on that, at least for properties targeted at families.