Expect to spend dozens of hours on it. 

The expected move in date is supposed to be between June 1 and July 1; both of which work for us.I checked with the HOA and even they thought it was a little weird to get the rent and deposit before having the official move in date. 

Just go in with the expectation that it is going to be an incredible amount of work with very little to show for it in your first few months.   

My question is this: I hear people talk about Bellingham like they don't expect to see it dip with the rest of the market.

I'll try to keep this short: When there is a Judicial Foreclosure between ex-wife and ex-husband (still on mortgage together) where Wife is foreclosing on the other - and if it ends up that there is no 3rd party bidder/buyer - what are the fees that the foreclosing party (Wife) will expect to pay since she will be the "winning bidder?"   

They might be fed up they might know they overpriced it, most sellers expect some negotiation.

Have a clause in your purchase agreement that gives you more time to do some research with local managers and Agents with experience without any penalty you will have to pay, to say what you can expect with that empty unit including the rental rate. 

Hey @Andre Crabb,If it's and investor oriented agent that is not by any means too much to expect.

Everyone wants good solid returns and expects you to under-promise and over-deliver. 

PM's need to be trained/guided to work properly with your style and expectations of doing things, or they will get feral just like anyone else.