The house is in Seattle, and I'm in California.Sorry, but you choose not to examine the place yourself. 

Suffice to say, your point is an obvious issue that deserves examination by a local attorney.Can a business incorporate in any state they want?

Examine the rent you would get from your old place versus the new one after renovations.

If I do find one that is difficult to examine, I move on to the next.

After examining income capitalization methods and formulas, you will learn how rates and multipliers are derived.

Also, the suggestion of your attorney to lend to your business needs to be examined.

The Unlicensed Activity Program within DBPR exists to serve the state of Florida by vigorously examining compliance issues, comprehensively educating consumers about unlicensed activity and thoroughly investigating complaints against unlicensed real estate professionals.DBPR relies on complaints from both consumers and licensees to help identify suspected unlicensed individuals.

So get sales info via agents etc and find the hottest selling zip codes (highest sales #'s), examine those areas and buy there.Schools make a big differencePolice and fire numbers/new stations/availability/visibility make a big difference---- Or when buying in a small town just make sure the smaller town wont dry up anytime soon and that demand out strips supply.Not sure there is a sure fire way to tell that in my smaller town - really just takes boots on the ground at some point.Jeff

It seems too high based on what I have read here but I don't know what all to cut out.Title Insurance plus Binder Fee - $74Wood Infestation Report -           $100Appraisal Fee (wtf)                       $425Title Search Fee                           $175Attorney Fee/Title Examination    $500-650Deed Recording                           $57State Tax                                     $82Total is $1,562 which is much higher than the $500-$600 I see quoted around here.

The main thrust of my original writing was intended to address home affordability, which necessitates examining household income (i.e., the aggregate wages contributing to per-unit rents).