Here's the challenge - $200/door/mo in cash flow is much different on a $120,000 duplex with 2bd 1ba configuration that rents for $725/door/mo with a 25% DP of $30K - that's $400/mo x 12 = $4800/yr. $4800/$30k = 16% COC.

Any of our northern neighbors closer to the border run into this challenge? 

A little about me/Current location: Lahaina, Maui Previous home: San DiegoProfession: Digital Marketer (working remote with my dog Richard)Why I'm here: challenge myself to create new revenue stream alongside my 9-5  & invest in my first multifamily or condo rental by the end of 2019Sincerely looking forward to skipping through the forums to learn from first-timers, best practices, ouch moments and meet like-minded people (like you)!

I do have another mixed used property in lynbrook that I ran into that challenge but I was able to work it out with village.Do you think the numbers make sense and appears viable.

I hear that seller financing is a popular strategy to acquiring an asset without the conventional lending.

Challenges?

Challenges?

Challenges?

This community is a great place to learn and has many like-minded individuals who have a wealth of knowledge from all walks of Real Estate.Investing within Seattle City limits can be challenging, for the reasons you've mentioned in your post. 

The people moving between neighboring states of reduced popularity are probably being pragmatic and looking for opportunities.