Larger properties are all about NOI and CAP rate so you need to determine your return requirements and what you're willing to pay then you analyze and scrutinize all of the income and expenses to validate the NOI. 

@Deja Johnson I have always felt becoming an agent is a better way to start than wholesaling.Becoming an agent is a larger time commitment but, it actually probably cost less.

My approach is nearly always that the best path would be to sell your SFRs and 1031 into a larger MFR where you have lower per-unit purchase costs, efficiencies of scale, and the ability to force appreciation.I know Seattle is expensive, but I'm sure with some work you can find a property that will fit the bill.As far as where you're living now, stay there.

With nearly $400k available (between cash and equity in your primary), you're in a great position to move into larger MFR properties, @Rob Lee.

So selling this property would undoubtedly lead to a pile of money sitting and earning nothing in the next several years, and not being redeployed until I'm ready and have the time and energy to devote to starting a real business out of this.  

@Kyler Lee:Pros:A-class property should command top rentsVery low CapEx and maintenance, at least in the beginning.Building right can lower operating costs.Cons:Nearly impossible to make the numbers work due to the high cost of land and laborTons of red tape with P&ZNeed to work with a very experienced GC, which eats profitsUtility hook-ups can make the costs prohibitive for a rentalDifficulty getting financing if you (or a partner) doesn't have direct, relevant experienceNo cash flow for the entire construction period requires larger up-front reservesThere's a reason only really see SFH or large MFR being built in most places.

If you are NOT responsible for heat, then this is a slightly grey area, but I do not believe you legally be compelled here.The larger issue here is should you fill it.

Plus larger city, possibly more stable market.

Your “feeling” could be you hating lol I think you might need to release all that negative energy and put it into yourself and hard work!

@Lillie MAnon my goal is to buy smaller multi families in my market and then scale from there to larger units