Pricing it competitively or doing something to make it stand out from the competition will keep it rented to quality tenants.

I'm always looking for money if you're interested in a borrower that knows what he's doing...I do some pretty neat lending when I'm cash heavy if you want to get some money out too. 

King county is pretty competitive.

I am currently using portfolio lender Rabobank here in CA, they lend at 65% LTV, or 70% with an extra 1/8th, and rates are competitive.  

When this number is increasing that means that either more houses are coming on market (competition) or the buyers are not as active (market slowing down). 

I would love to be able to spend all my time in REI and property management, but that will have to come down the road given our current financial position.So it seems like targeting properties for non-students would be the best choice for our first investment or two.My other concern with student properties is how competitive the market would be; first, for purchasing properties that become available, and second, how low profit margins would have to be in order to attract tenants.  

There is a lot of competition in this market so you need to be sure attend networking events, build your team and reach out to potential home sellers.  

That said, it has become an extremely competitive market.  

I haven't used this product myself, but it looks to have a lot of potential for heavy renovations.http://www.plangrid.com/en

A broker who does as you described would get a pretty bad rep pretty quickly.If Cam's statement is true she did not make an offer in writing then she can just get her own broker who will right the deal the seller pays the commissions normally. although in ultra hot markets that may not be the case but I suspect things are not that hot in AL  I do a lot of business in AL  and yes there is competition from hedge funds for cash flow homes in some markets but anyone can buy a home especially if its MLS listed its not like this is San Francisco were you get 20 offers on a listing and its an all out bidding war.