Your offer is only 3% above list price so I suspect you'll be fine.Second, even if the appraisal came in low, you could walk away from the contract for other reasons like inspection objections.

House is 8 years old (low maintenance). 

The reason he asked was there's a high end, and low end appraisal depending on what you need it for.Now, if it's intra-family, and you're getting it below market, to play it safe, do the sale based on the appraised amount, and have the difference handled as a gift.

A property manager cost will depend on the area I've seen it as low as 5% in high rent areas, but the national average seems to be about 10%. 

It is herd mentality that people buy high and sell low.

The other comments are about low down payments.

When I show houses in the 250k range (very low range), we're most likely going to SeaTac.

(I think that is low but let’s run with it).

Based on the zoning I can do nearly anything I want.I am looking for a low neighborhood impact business that has a high cash flow with low entry.My thought is in buying shipping containers and packing them in tight on the lot and creating a commercial storage business.By my estimates the property could generate up to $96k a year with less than 1 year's income to reach full build out.Any one have experience with this model?

Hi BP Fam, I want to break into the real estate investing world, funds and knowledge are just a little low now.